The Occupy Money Cooperative needs to raise $900,000 to make its card a reality. by Chris Warren The Occupy Wall Street Movement’s first steps into the financial services industry have not been particularly smooth. The announcement this past summer that the Occupy Money Cooperative, an offshoot of the anti-status quo coalition that grabbed the world’s… Continue reading The Occupy Card Moves Ahead
Tag: credit cards prepaid
A True Wall Street Occupation?
How the Occupy Card Doesn’t Live up to its Promise by Shane Tripcony The terms and conditions of credit, debit and prepaid cards are not what anyone would call scintillating reading. Layered with legalese and hard to decipher jargon, these documents have traditionally (and understandably) been ignored by consumers. Which is too bad because… Continue reading A True Wall Street Occupation?
Chase Cardholders Get Wined And Dined
There are already plenty of reasons for foodies to attend the Epcot International Food & Wine Festival, from September 27 until November 11. Given the global slant of Epcot, one of four theme parks located at the Florida based Walt Disney World Resort, the festival offers its gourmand visitors the opportunity to sample cuisines and… Continue reading Chase Cardholders Get Wined And Dined
Bomb Threats Over Prepaid Cards
The number of ways criminals are attempting to utilize prepaid debit cards increasingly seems to match the rapid proliferation of the cards themselves. As we have written about numerous times at BestPrepaidDebitCards.com, thieves have been especially attracted to the use of prepaid debit cards in a scam that involves turning people’s lights off: from California… Continue reading Bomb Threats Over Prepaid Cards
Prepaid Debit Card Scams Proliferate
While popular, the utility scam is not the only type that relies on the use of prepaid debit cards. According to a story in the Arizona Republic, two citizens of Surprise, Arizona were indicted in a $2.5 million income-tax scheme involving prepaid debit cards. According to the charges brought by the U.S. Department of Justice, the alleged perpetrators told victims that they could receive “Obama stimulus money” or “government funding” via a prepaid debit card. In return for that promised government money, victims handed over personal information that was used by the alleged criminals to file false federal income-tax returns. In total, the 18-count indictment by the federal government says that the perpetrators received over $2.5 million in refunds.