I’d meant to post an entry about credit fraud long before now. Alisa’s thread in the forum (HELP! I think I’m being scammed but I can’t figure it out) reminded me but then the whole topic derailed once she started telling war stories about past clients -one such was the client who’s garment was copyrighted by the Holy Ghost -no lie. It’s even funnier than that but I don’t dare say more in such a public space. Anyway, once the thread took a comedic turn, I forgot all over again to do a credit fraud post.
[Just to get Alisa’s credit fraud story out of the way first, she had a client who wanted product ASAP, sight unseen, didn’t care about the price and wanted to pay by credit card. The way it panned out, the customer asked her to charge over and above the product cost (to the tune of $8,000) and give them the difference in cash. As if. Of course Alisa won’t fall for that. Neither should you. Summary: you can’t cheat an honest man. ]
Back to the fraud prevention. Earlier -again in the forum- someone asked about when to process a customer’s card and the thread went a little off course in a very useful way, toward a discussion of fraud. Alan provided a useful resource, that of the Children’s Credit Coop. The CCC is a member’s only organization that monitors the payment histories of children’s wear retailers. A bit pricey (about $1,000 a year), it could be useful if you’re at that stage. By the way, joining a private membership group (which includes our forum) means one can share privileged information that in a public arena, could be considered problematic. As long as the conversation is limited to members, it’s private. Being inaccessible to the public, one is not subject to liability of slander or libel. Legally, it’s a private conversation and you can’t be sued for sharing horror stories, say with given sewing contractors of choice apparel.
Anyway (sorry I keep derailing here), I found some interesting material on the CCC site, one of which was a list of 39 tips to preventing credit fraud. While we’ve talked about some of these things before (such as the suspiciously large order or rush orders), there were some new ones. This was an interesting one I never would have thought of:
4. Be aware of shipping multiple carton COD orders with one COD tag. Frequently the customer will accept the cartons without COD labels and refuse the lead carton. The most effective procedure is to divide the COD amount by the number of cartons and use a COD label on each carton.
Do go and look over the list. Being aware of these fraud strategies can save you an endless amount of grief -particularly if you don’t have the wherewithal to subscribe to a credit checking service. Some of these things are amazing. I am always surprised at how devious some people can be.