ProPay, Inc. has recently become aware of what appears to be a very large and widespread international fraud scheme involving unauthorized electronic checks (ACH). The scheme has affected millions of people including, unfortunately, a small number of individuals who may be or have been ProPay account holders. To be clear, after internal and external analysis and investigation, ProPay is extremely confident that the stolen bank information came from other sources and not from ProPay.The fraud scheme mentioned above involves an electronic draft against a checking account ranging in amount from $24.95 – $39.99. The charge appears on the affected individual's checking account statement under one of a variety of names which may include MBilling, MB Moon Park, MB Hot Planet, and PHE Subscription. The business supporting these names represents itself to victims as a third-party billing service, generally billing on behalf of a purported adult website.
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