Quizzes & Puzzles1 min ago
Fraud
10 Answers
Can anybody tell me how did my bank (I didn't) know that £25 had been taken from my account and was a fraud.
Bank refunded me without me asking
Bank refunded me without me asking
Answers
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I believe that when fraudsters are looking for targets they make small purchases, often phone top ups.
If they are successful, they know they have hit gold and go in for the big one. I think the banks know this, and probably were alerted by the unusual charge. It may be a computer programmed to spot this, and alert a human to look closer.
I believe that when fraudsters are looking for targets they make small purchases, often phone top ups.
If they are successful, they know they have hit gold and go in for the big one. I think the banks know this, and probably were alerted by the unusual charge. It may be a computer programmed to spot this, and alert a human to look closer.
It's possible that the bank became aware (either through their own systems or through information provided by the police) that someone had managed to take £25 out of every one of thousands of accounts (and not just yours). Under such circumstances they'd automatically refund everyone, even if most of the account holders hadn't even noticed that the money was missing.