Today I received a mail saying that if I used my debit card/credit card overseas between 1996 and 2006, I am entitled to money from a class action suit due to transaction/conversion fees. My gut tells me it's a scam, so I did some research, and I'm still not convinced because these people are asking for my bank account number to process my claim. Can anyone tell me if they received this letter as well, and did you find that it was actually legit?? (I spent a good total of 2 years overseas during the period mentioned) ---They have a website ccfsettlement.com, but that doesn't mean anything, it can still be a rotten scam. Thanks!
2007-12-05 13:11:02 · 25 answers · asked by LoPi 2 in Business & Finance ➔ Personal Finance
This was not email, it was snail mail.
2007-12-05 13:11:42 · update #1
Its a scam...... and is NOT legit... delete the email...
2007-12-09 13:10:04 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 1⤋
I too have received that same letter in the mail. And I am doing research to determine if it is a scam. So far, I think it is a scam because I have never been out of the United States (or bought anything overseas), so I don't understand why I would receive the email. Also, the last page of the "Refund Form" asks for bank account information, which is a red flag for me. The $25 Refund Option 1, does seem worth it to me to take a chance.
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2007-12-07 12:00:09 · answer #2 · answered by loop b 1 · 0⤊ 0⤋
I got the same letter. It's not a scam you can look up information about the settlement on google. They did not request any information from me that they didn't already have. I did option 2 so I did not give any bank information . The only information they asked me for was how many days I traveled over seas and if it was business or pleasure. I would do a lot more research before doing option 3.
2007-12-06 05:39:58 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It's good that people are suspicious because there are so many scams. However, this one is legitimate.
It pertains to a class action suit against Visa, MasterCard, Diners Club, and several issuing banks for fees charged to convert purchases in foreign currencies to U.S. dollars. If you received a letter regarding this, it is because your credit card company identified you as being potentially eligible for partial reimbursement of these fees.
The amounts involved are a maximum of 1-3% of your foreign purchases, so it's not worth filing if you had only a small amount of eligible purchases. If you made a large amount of purchases overseas, then it may be worth it.
I filed for a refund several months ago and just received an acknowledgement from the claims administrator.
2007-12-05 14:49:41 · answer #4 · answered by The Shadow 6 · 3⤊ 0⤋
Hi there, Ive not heard of the company, but if you didnt buy a ticket then it could well be a scam. Take it to your bank and explain it to them and show them the letter, they will be able to tell you if it is genuine. There are a lot of scams going on at the moment, DO NOT give out ANY personal information.
2016-04-07 12:02:07 · answer #5 · answered by ? 4 · 0⤊ 0⤋
655 W Broadway, San Diego, CA 92101
www.googlemaps.com. look it up yourself. It is definitely a train station. I used to live in San Diego and I traveled daily through that hub! I'm very cautious about this sort of thing. If you get this as a letter in the mail it will have a Refund ID number. I have heard from a few people that if you enter this number in their site it will fill in you social & credit card information automatically. This would be sufficient enough for my trust............only one problem... It doesn't recognize my refund ID leaving only one other option... hmmmm seems likely to be a scam... If they have details about you already then all power to you and your refund, but I would highly recommend not giving any information to them that they don't already have!
2007-12-06 19:23:33 · answer #6 · answered by EnvisionMore 1 · 0⤊ 0⤋
Which scenario do you reckon is more likely...
...IF a court informs a bank that they owe account holders a refund:?
(Please pick Answer A or B:)
A: A responsible judge assigns an auditor to make sure the banks credit account holders in a timely and accurate manner.
B: An insane judge sets up a third party to send out letters that ask account holders to contact their bank, ask for 10 years of records, determine the amount of overcharges, and submit this amount along with private information to the third party website. Because this might be hard to do, the alternative is to apply for a $25 refund. In either case, the third party then demands that the bank cut you a check.
Seriously, people. Think.
A or B?
2007-12-06 08:04:09 · answer #7 · answered by Anonymous · 1⤊ 1⤋
I just got this on the mail today.
If you have questions, they ask to contact them directly, not the court or bank. This seems weird. They even ask you for your bank account number and last four digits of your Social security number.
The funny thing is that I've been living in the US since 2004, so if it's true I wont be receiving much : )
If this is not a scam, it sure seems like one.
Their site looks phony too.
2007-12-05 16:36:33 · answer #8 · answered by .: V :. 3 · 0⤊ 0⤋
I have the letter right here. There is a phone number and address and they are not asking for any bank or credit card info that I can tell (first 2 options at least).
Also the Philly attorneys listed have a very legit looking website and even have a link to this case: http://www.bergermontague.com/
They also have a listing on lawyers.com: http://www.lawyers.com/Pennsylvania/Philadelphia/Berger-and-Montague,-P.C.-1536395-f.html?
Here is the profile for the San Diego firm as well: http://www.lawyers.com/California/San-Diego/Coughlin-Stoia-Geller-Rudman-and-Robbins-LLP-3205367-f.html?
Even the company listed under the postmark seems legit and in Philly: http://www.sed.com/
Still, it is wierd . . .
2007-12-08 03:01:06 · answer #9 · answered by todd w 1 · 0⤊ 0⤋
Yes I received one, too. I was overseas in 2000. I'm pretty sure its legit - hadn't really thought that it wasn't. Guess I'll do a little search on the internet just to make sure.
Best thing may be to wait closer to the deadline and research it some more just to make sure.
2007-12-05 13:44:40 · answer #10 · answered by voluntarheel 5 · 0⤊ 0⤋
Not a scam. I went to the website and entered ONLY the random ID that they provided me on the letter. They never asked for any additional information (bank, SS, etc) though since I did the $25 easy claim.
I do think that they should find a better way to differentiate themselves from the scams though. My wife threw hers away before I received mine since she just assumed that it was bogus.
2007-12-07 01:42:18 · answer #11 · answered by Bradley 1 · 0⤊ 1⤋