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๐Ÿ‘ค Speaker
1752 total appearances

Appearances Over Time

Podcast Appearances

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

And you can actually take credit cards from that way.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

So now I can make one purchase on a credit card for, if the credit card was 10,000, I can make that purchase for 3,000.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

I can make that purchase for 3,000 again and 2,500 and max that credit card out and get every dime off of that credit card, which is going to the actual purchase of that account.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Because don't forget, the credit card that I actually got, I actually made that credit card because the actual owner of the credit card don't even know it exists because I create that whole account on that.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

I don't have to worry about a chargeback.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

They're not going to know about this credit card usually from the moment that I get it.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Because usually the first thing that you got to do on credit cards anyway is you had to make smaller purchases first.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

making sure building up your reputation with the actual bank to let them know that this is cool.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Right.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

And then I will go in and make those bigger purchases with those bigger purchases.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Now that actual bank knows that saying, Hey, this person is cool.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

I don't have to worry about none of this stuff coming back on me for 60 to 90 days.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

And when you get a credit card, you can usually get about two or three of them at the same time.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Well, on the loans, I would.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

On the credit cards, I wouldn't.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

On the loans, I would always make about two or three payments on every loan.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

And the way that I would do the loans on the payment was I would do this thing where they would call it automation โ€“ what's it called?

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

Automation โ€“

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

taking your payment automatically.

Matthew Cox | Inside True Crime Podcast
Credit Card Scammer Beats The Banks! ($3.6M Stolen)

The automated payment system, where if I got a loan for, say, $10,000, right, and say the payments was $250 a month, when I took that money out of that account, I would leave everything in there.