What crooks buy with your credit card
You spot on your credit card statement an unusual charge to a store you didn’t patronize recently. This is clearly fraud, so you contact your issuer and have the charges reversed.
Outside of the store name, all you see on your statement is the dollar amount charged. It may be for about $220, the average ticket price of an attempted fraud transaction in 2016, according to payments firm ACI Worldwide.
But what happened after the crook used your credit card number?
That bad guy used your card to buy popular merchandise that he could then quickly turn around and sell on the black market at a discount, says Erika Dietrich, ACI’s global director of payments management.
“I think the products that they buy are really driven by what is going on in the marketplace,” she says.
Here are the 10 things crooks most frequently purchase with a stolen credit card, according to an ACI analysis.
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Retail price: $42.99 to $11,995 on Amazon.com
Crooks prefer drones equipped with video cameras.
9. Electric toothbrush
Retail price: $88.10 on Amazon.com
The top pick? The Philips Sonicare 2 Series with dual handles.
8. Vacuum cleaners
Retail price: $300 for the Dyson; $100 to $132 for the Shark on Amazon.com
It’s a tie. The bad guys are equally enamored with the Dyson V6 Animal cordless vacuum and the Shark Navigator vacuum.
7. Gym shoes
Retail price: $224 to $499 on Amazon.com
Fraudsters don’t buy just any gym shoes, though. They want the Nike Men’s Air Jordan Retro 3.
Courtesy of Amazon
Retail price: $66 to $100 on Amazon.com
Again, not just any slipper will do. The hot item: the UGG classic slipper.
5. Coffee maker
Retail price: $71.40 on Amazon.com
For the coffee connoisseur, credit card thieves think you’ll enjoy a Keurig K55 single serve coffee maker.
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4. Activity tracker
Retail price: $149.88 on Amazon.com
The small FitBit Charge 2 is one of two activity trackers to make the list of products most purchased with a stolen credit card.
Retail price: $15 to $60 on Sephora.com
Bad guys think they can sell makeup for cheap on the black market. Women’s makeup samplers are prized items.
2. Smartphones and tablets
Retail price: From $649 for the iPhone 7 and from $399 for the iPad Air 2 on Apple.com
The brand name is key here. Thieves flock to purchase Apple iPhones and iPads.
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1. A more popular activity tracker
Retail price: $149.88
The small FitBit Charge 2 is the fourth most popular item credit card thieves buy. The large version of the same activity tracker is the top item on the list.