Today Show Credit Card Skimming Video

Posted by John B. Frank Thursday, December 18, 2008

This morning on the Today Show, Matt Lauer, did a story on "credit card skimming." Believe it or not, once skimmed, the information on the magnetic stripe was transferred to the magnetic stripe on a hotel room key. Once the card information was transferred to the hotel key they went shopping and used the hotel room key as the credit card. Because they were able to slide the card themselves in the store nobody even suspected a thing and Sarah's (a Today Show staffer) card was loaded up. As I've stated many times, look for this type of identity theft to grow rather than be curbed as time goes by.

Here's the video:

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