February 20 2026

“Card Cracking” Scam Tops $11 Million

"Card cracking," a scam targeting the 19 to 25-year-old crowd, uses social media to invite consumers into making "easy money" online by allowing a third-party to make a fraudulent withdrawal, then reporting the card as lost or compromised. The action earns the consumer a few bucks and the label of accomplice. [5/19/15]