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Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Paypal MasterCard CC Fraud

I just received a letter from GE Captial informing me I will be receiving the Paypal MasterCard credit card I recently applied for.

 

I did not apply for one.

 

I immediately called the number on the letter and they determined someone opened a MasterCard account on 1-Dec-2011 and charged $1000 in San Jose, Ca.  The charge has been marked fraudulent and the account closed.  Paypal/GE? is undertaking a fraud investigation.

 

My question is what other steps, if any, should I take now?  TIA

 

 

Senior Contributor
john398
Posts: 3,521
Registered: ‎01-19-2009
0

Re: Paypal MasterCard CC Fraud

be a good time to freeze your reports

Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Re: Paypal MasterCard CC Fraud

 

How is that done?  I've seen references to it, but no particulars.

 

 

Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Re: Paypal MasterCard CC Fraud

[ Edited ]

 

The forum provided the "how to" information.

 

All three CRs are now frozen.

 

I'm not in the market for new credit but I just hope there are not too many 'unintended consequences' for day to day use of my existing cards.

 

 

Edit:

 

Got EQ and EX reports, only a single inquiry on 1-Dec-11 so hopefully no more surprises.  BTW, if you're due an annual free credit report, grab it before you put a freeze on, EX and TU wouldn't provide one saying that I've already been provided one. 

 

I was able to pull (pay) a single report from EX but TU apparently will only sell you a 3 bureau report.

 

Frequent Contributor
quest208
Posts: 423
Registered: ‎11-25-2011
0

Re: Paypal MasterCard CC Fraud

where was the card mailed to? that should be a good start...assuming the card was mailed.

USAA FAKO: Experian 767, Transunion 743, Equifax 734
FICO: Transunion: 738, Equifax 731
Credit Sesame: Experian 721
BB Reward zone$400, Orchard master $700, Office Depot $500, USAA Mastercard $11,000, Barclays American Express $2500
AAoA about 1 year
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Paypal MasterCard CC Fraud

tis' the season :smileyvery-happy:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Re: Paypal MasterCard CC Fraud

 

<<where was the card mailed to? that should be a good start...assuming the card was mailed>>

 

Interesting question.  The letter from GE Capital (2-Dec-11) stated that the card would "arrive shortly" and that I should "activate it promptly", presumably to my address.  Todays date and 2-Dec-11 make sense for a physical delivery of a card in a few more days.

 

One has to wonder how the account was opened on 1-Dec-11 and 'card' charged $1000 on 1-Dec-11 before it was activated.

 

 

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: Paypal MasterCard CC Fraud


traveller wrote:

 

<<where was the card mailed to? that should be a good start...assuming the card was mailed>>

 

Interesting question.  The letter from GE Capital (2-Dec-11) stated that the card would "arrive shortly" and that I should "activate it promptly", presumably to my address.  Todays date and 2-Dec-11 make sense for a physical delivery of a card in a few more days.

 

One has to wonder how the account was opened on 1-Dec-11 and 'card' charged $1000 on 1-Dec-11 before it was activated.

 

 


Temporary card instant credit on app approval day




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Re: Paypal MasterCard CC Fraud

 

<<Temporary card instant credit on app approval day>>

 

What personal information is required for this?  I'm wondering what 'they' know?

 

I'm fairly paranoid about security, virtually everything is shredded before disposal.

Member
traveller
Posts: 14
Registered: ‎04-03-2010
0

Re: Paypal MasterCard CC Fraud

 

GE Captial has closed the fraudulent account and started a 90 day investigation.  I have frozen all three CRs.

 

In reviewing the CRs, not surprisingly, the GE card is shown as being opened.  Should I immediatley contact the bureaus directly to dispute the existance the card on the CR, or will the fact that GE has closed the fraudlulent acount filter back to the CR?  TIA


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