You receive a phone call from someone purporting to be from your credit card company. The trick is they actually already have almost all your information, billing address, credit card # etc. and they ask you to verify a fictitious charge for about $500 which of course you haven't made. They then ask for security verification and confirmation that you still have your card in your possession by reading off the three digit security # on the back. This is the vital piece of information they are missing, as soon as they have that they can easily charge to your card for web and phone purchases. Your credit card company will NEVER ask for your 3 digit security code, they already know it, coz they issued it!
I no longer accept incoming calls from my bank or credit card companies. I will always hang up and call back the respective company on their customer service line, to be sure who I am speaking to.
My credit card company also has the added security of a virtual #'s system for internet purchases where you never actually use your real credit card #.
Beware, be very aware, it a scammers paradise out there.
s As for eBay I personally believe it will ultimately expand into oblivion (Big Bang Theory
) if they simply continue to ignore and cover up the whole scam/fraud issues.Julian