Capital Financial Credit Card Fraud! Asking For Checking Account Info ripoff Caldwell Ohio *EDitor's Suggestions on how to get your money back into your bank account!

On Wednesday, January 4th 2006, I recieved a call from a "Capital Financial" Credit Card Company. The male named "Allen Ricki, he even spelled his last name of me" "from phone number 800-963-6230" that I talked too, did not seem too have very good english! For some reason I had automaticly confused "Capital Financial" with "Capital One Financial Services".

Bad on my part. "Allen Ricki" had informed me that I was approved for a $2000.00 line of credit, and that I could recieve up too $1000.00 in Cash Advance of this money. I was informed that my inital credit interest rate would be 6.89% and was asked for my checking account information, too verify that my checking account was in good standings. If my account was in good standing then I qualified for the credit card. This threw a red flag at first too me.

I'm not usually one to give out my information over the telephone, so I immediatly asked for the males name, company he worked for, and telephone number. However after he perswasivly gave this too me without question or hesitation, I assumed it was a real deal. After this I was informed that I had too pay $200.00 out of my checking account, and that I would recieve 4 Vouchers, in the ammount of $50.00 each over a 4 month period, too pay twords my credit card balance. Unfortunatly, I had unsuffiecent funds in my account to pay the full $200.00.

After I informed this too "Allen Ricki" he asked me approximately how long it would be untill I would beable to have the funds too pay this $200.00 too recieve this line of credit. I notified him that right now I was not in the greatest financial situation, and that it would be a while for this payment too beable to be made.. I also told him that there was only about $80.00 in my checking account at this time, "laughing and trying to joke".

On my way home after this incounter "about 4 hours later" I stoped at a gas station too check my Balence Inquiry at the ATM, so I could buy gas and cigarettes. The Balance Inquiry stated that my account was "Negative $5.41". Confused I immediately continued home to check my online statement with my bank "Peoples Bank".

It showed a $80.00 Debit was made on 1-4-06 "Today". Confused and Knowing that I had these funds in my account, and that I had not made a $80.00 debit from my checking, I began to realize that I had told "capital financial" that I only had about $80.00 in my account. Im very ticked off that I was stupid enough too fall for this scam, unfortunatly its a cruel world, and hopefully I caught it in time, and will be reinbursed the $80.00 taken out of my account, and also the $29.00 fee for overdraft of my checking account that I will be charge with in the morning im sure.

Tomorrow, after I get this straightened out, I will be closing my checking account, and reopening another. I guess only being 19 years of age, and naive, that falling for this wasn't too smart. I have read most of the posts about this company before I posted this, and realized I wasnt the only naive one out there that fell for this. The 800# that was given too me, is now saying that the company is having technical issue's with its telephones, try again later.

Also later on, and thinking about this, I was not notified of rather this would be a Visa, or a MasterCard. That should have sent another red flag, however I was excited too hear that my credit had been built enough to recieve this higher line of credit ammount, then in the past. Hopefully the word will get out too everyone in the news or something, notifying people about this paticular scam.

Jamie
Caldwell, Ohio
U.S.A.

EDitor's Suggestions on how to get your money back!

HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:

Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.

According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.

If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.

Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!

DO NOT TAKE NO FOR AN ANSWER!

Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.

And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.

Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.

If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.

CHARGES TO YOUR CREDIT CARD

If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.

Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.

And good luck Let us know how you do!

ED Magedson Founder, Rip-off Report.com & Author of www.ripoffrevenge.com
EDitor@RipoffReport.com
badbusinessbureau.com
www.ripoffreport.com

Don't let them get away with it.
Make sure they make the Rip-off Report!

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...the victims' advocate

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...by consumers, for consumers

CLICK HERE to read about Credit Card Scams... find out how to get your money back. *Rip-off Report Investigation provides valuable information.