Tips, News and Advice from Credit Card Assist

Watch For Bogus Charges From ICH Services

by on March 13, 2008

It seems like the frauds and scams never stop coming.  One in particular that’s been hitting credit card customers hard lately is from a company called ICH Services.  Bogus charges from ICH Services have started to appear on people’s debit and credit card statements, but the charged amounts were so small that most people didn’t question or even notice the charges.  From what I understand, the charges made were being billed in $9.95 increments from ICH Services, an apparent Pittsburgh-based consulting firm, which has totally denied any involvement in the scam.  

I also read about scam artists that send fake credit cards to people that include pre-packaged fees that need to be paid in order to “activate” the card.  The credit card comes in the mail along with a billing statement for a few hundred dollars, claiming that the bill is for “set-up and annual fees” associated with the card.

When victims call the number on the back of the credit card with questions or to simply cancel the card, the “customer service representative” asks the victim for his or her name, date of birth, and social security number so the account can be “brought up” in the system, duping the unsuspecting customers into giving out sensitive personal information.  Some victims have simply just mistakenly paid the bill because they think they may have forgotten about signing up for the card.  Either way, the thief wins.  Remember, experts approximate that credit card fraud costs nearly $500 million per year.  While it isn’t necessarily common to be taken advantage of in this manner, it’s not a rare occurrence either.  

Be diligent about monitoring your financial activities and watch for any bogus charges or anything that might seem even just a bit odd.  You need to be careful with phone calls, snail mail, and e-mail because these crafty thieves use every possible method available to them and their methods are ever evolving.

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{ 2 comments… read them below or add one }

Secure Credit Card December 8, 2008 at 5:25 pm

Your topic or Bogus Charges From ICH Services | Credit Card Assist Blog was interesting when I found it on Tuesday searching for secure credit card"

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Efrem F July 27, 2009 at 4:29 pm

What a joke!

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