CRIME TRACKER: Financial Fraud Scam: More Victims Come Forward - ABC FOX Montana Local News, Weather, Sports KTMF | KWYB

CRIME TRACKER: Financial Fraud Scam: More Victims Come Forward

KHQ.COM - More people are finding out their debit/credit cards have been compromised in the biggest financial fraud scheme to hit the Northwest in years. The Secret Service said this week it is the biggest case it has investigated in nine years.  Even though the Secret Service acknowledges the problem has been identified, KHQ is asking if people are safe to move forward and use their cards. 

It has not received a definitive answer.  Because the details of the case are not being released, KHQ does not know if the problem has been fixed. However, financial institutions do tell KHQ they are taking steps to protect their members, which includes fraud loss protection that reimburses fraudulent claims. 

They're also notifying members whose cards have been used out of state.  And, financial institutions are canceling cards when they find out numbers on those cards have been compromised. KHQ's Shelly Monahan is the second person in the KHQ newsroom to learn she's a victim in the scheme. 

Her bank notified her that her cards had been compromised. The bank canceled them and issued new ones.  Monahan says calling the 800 number on the back of her card allowed her to talk directly with her institution.

Taking precautions in using your debit/credit cards, like the ones offered up throughout the week are advised. Having a personal conversation with your financial institution could also be helpful, as they offer insight into how to move forward in protecting your finances.

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