RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Solicited on Social Media? It May Be Card Cracking

May 27, 2015 12:54 am

Card cracking is a form of fraud in which consumers respond to an online solicitation for “easy money” and provide a debit card for withdrawal of fake check deposits. Criminals use platforms like Facebook, Twitter or Instagram to solicit consumers, often targeting people between the ages of 19- and 25-years-old, as well as college students, newly enlisted military and single parents.

Consumers who respond to these solicitations (now accomplices), provide a debit card, PIN and online credentials to give the criminal direct access to their account. The fraudster deposits worthless checks using mobile deposit and immediately withdraws the funds at an ATM. The consumer then calls to report a stolen debit card or compromised credentials, and the bank reimburses him or her for funds lost and the criminal provides the consumer with a cut of the money withdrawn using worthless checks.

To avoid becoming involved in this type of scam, the experts at the American Bankers Association advise following these tips.

• Do not respond to online solicitations for “easy money.” Card cracking advertisements will suggest that this is a quick, safe way to earn extra cash. Keep in mind that easy money is rarely legal money.

• Never share your account and PIN number. Keep this information private at all times. By sharing it with others, you expose yourself to potential fraud.

• Do not file false fraud claims with your bank. By filing a false claim, you are a co-conspirator to fraud. Banks’ detection techniques for card cracking are constantly improving and suspicious claims will be investigated.

• Report suspicious posts linked with scams. If you notice postings that appear to be linked with a possible scam, report them to the social media site. There is usually a drop down menu near the post to allow for easy reporting.

Source: ABA

Published with permission from RISMedia.


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Landscaping Can Make or Break a Sale

May 27, 2015 12:54 am

When it comes to selling your home, appearances matter. According to a recent survey by the National Association of Landscape Professionals (NALP), 84 percent of respondents report the quality of a home’s landscaping would affect their decision to buy it. Moreover, 90 percent of respondents prefer to live in a home surrounded by trees, grass and other plant life.

These findings represent a continued love affair with outdoor spaces and manicured communities, despite an increasingly tech-focused, indoor lifestyle. Three-quarters of respondents feel it is important to spend time enjoying their homes’ outdoor spaces.

Seventy-one percent of respondents believe it is important that their neighbors have well-maintained yards, as well.

Source: NALP

Published with permission from RISMedia.


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