Costs Don't miss out on the headlines from Costs. Followed categories will be added to My News. An increasing number of Aussies are falling victim to fraudsters stealing their card details to splash thousands of dollars at JB HI FI stores.
Money that most victims will never see again. Former President of Hawthorn Football Club and current Chair of Golf Australia, Andrew Newbold is just one of countless Australians battling with their banks to have that stolen money returned. When Andrew received an alert from his credit card provider, Latitude, verifying that a single purchase was made at an Essendon JB HI FI, he assumed that the transaction was for a camera his daughter had purchased earlier that morning.
Little did he know scammers had drained over $11,000 from his credit card, hitting up three different JB HI FI stores around the centre of Melbourne. Andrew Newbold was shocked to see $11,000 worth of fraudulent purchases on his credit card, but his bank was reluctant to act. Picture: Supplied After checking his online accounts, spotting four purchases ranging from $4994 to $1997, he immediately put a lock on his card and rang Latitude’s customer service line.
Having alerted Latitude to the fraudulent purchases he was told there was nothing they could do to stop the transactions, as goods had been exchanged in store. However the saga did not stop there. Before his second, newly issued card had even arrived at his doorstep, another fraudulent transaction appeared on his ac.
