BUSINESS / Classified \ R in B R Ie F How to Beat Credit Card Fraud Manchester
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to - MANCHESTER HERALD, Thursday, April 28, 1983 X ' ^:3 sS f BUSINESS / Classified \ r in B r ie f How to beat credit card fraud Manchester... A town for all ages ^ Greer joins law firm your card in view. Minimize the chances that he or she A concerted drive to fight the growing volume of has run blank receipts over your card. When youf Mark Charles Greer, of 1212 W. Middle credit-card frauds is under way — and the effort to card is returned after a sale, read it. Make sure the date by banks, merchants, card companies and Profile ’83, a 28-page special Turnpike, Manchester, a native of East Hartford, Y o u r card is yours and wasn't swapped for another. and formerly of enforcement agencies predict some dramatic 8) Keep your charge tickets and compare them with South Windsor, has victories. your monthly bill. Notify the company at once if any supplement, inside today’s Herald To submit just one illustration, as a result of a Visa M o n e y 's become an asso charges are not yours. ciate with the law pilot program, participating banks are now ordering 9) Never sign an incomplete receipt. Tuck away « | J 30,000 point-of-sale terminals that tap into a main W o rth firm of Twachtman your copy of the receipt, rip out carbons, tear them up, computer for credit information when a purchase of & Tillinghast, lo Sylvia Porter or wrap them up and take them with you. Crooks cated at 41-B New any sort is made. actually ransack garbage for these forms and carMns London Turnpike, to get the valuable card number to use in counterfeits THE VISA PILO T program was tried out in 1981 and Glastonbury, and charges. Connecticut. its success was truly spectacular. The credit-card credit-card number so we can verify your prize.” 10) The huge losses in cards are being passed on to Attorney Greer company placed 1,000 terminals at 700 locations. The These calls are nonsensical, but they pull. us and are reflected in finance charges of as much as Manchester, Conn. received his law de outcome: participating banks reduced their fraud Cloudy tonight 5) Know who you' re talking to whenever you discuss 71 percent a year and annual user fees. This is our gree with honors losses by 20 percent; charge-backs to merchants and Saturday Friday, April 29, 1983 plunged 80 percent; detection of fraudulent, abused your credit cards (if you do discuss them ). Scams via cost. Let's get rid of it fast! , ,, from Loyola Law ("Sylvia Porter's New Money Back for the 80s cards and overrun credit lines increased by more than phone are a fast-growing menace and must be beaten Single copy: 25C School of Los An 1.M8 pages of down-to-earth advice on personal — See page 2 90 percent. What a success! now. geles in 1981. He has money management, is now available through her Also coming up are new systems that complete 6) If you do lose your card (or cards), cancel ral& a Bachelor of immediately and ignore any callers who telllyou they column. Send $9.95 plus $1 for mailing and handling to Science degree in charge sales without the little paper receipts all of us have your card and will send it to you. You may “ Sylvia Porter's New Money Book for the '80s." in Business Adminis have become accustomed to folding up and stashi’''’ eventually get your card; you also may get a care of this newspaper, 4400 Johnson Drive, Fairway, tration from the away, a Visa spokesman reveals. monstrous pile of unauthorized charges. ' Kan. 66205. Make checks payable to Universal Press University of Other credit-card companies are not so frank about 7) Whenever possible, keep the salesperson with Syndicate.) Connecticut. ■ their plans to beef up security and slash losses — He is admitted to which now exceeds $200 million a year from practice in all Con- counterfeiting, stolen and lost credit cards — but all necticut State MARK C. GREER agree they are working relentlessly to control this huge problem. Index gain Courts and is a member of the Connecticut, State unemployment down; Hartford County and American Bar Associations. Losses caused by counterfeiting and altering cards He was admitted to the State Bar of California have received the most publicity recently. But the and practiced in Los Angeles prior to'returning to other problems tied to credit cards are where the real Connecticut. battle must center. He is married to Rosali Glaser Greer, also a For most of you, measures to control losses from average income all-time high native of East Hartford, who is an Account fraudulently obtained cards and numbers must begin Encourages in your own home. Stolen cards come from you — up to Executive with the advertising agency of Cronin expired and those reentering the & Company of Glastonbury, and they are residing 70 percent come from women's handbags. WETHERSFIELD (UPI) -Th e March, and conditions last month lator force. in Manchester. state Labor Department reports led to a seasonally adjusted rate THE RULES for winning in this battle seem so economic conditions improved in increase from a revised 7.4 percent Peraro said other economic obvious, and yet, I am sure some of the following will Connecticut last month with total in February to 7.8 percent in indicators improved in Connecti come as news to some of you. employment increasing by nearly March, Peraro said. cut with manufacturing output The national unemployment rate economists Elmore honored 1) Know where your card is (or cards are) at all 5,000 and personal income at an expanding on an actual and times. "Use common sense. Be aware that card all-time high. in March was 10.3 percent, and last adjusted basis and personal in information must be protected,” counsels James However, the decline in actual month’s figures marked the 68th come reaching a new monthly high "N o single indicator is dominat George Elmore, president of Elmore Asso McGrath, senior vice president of security at unemployment was less than ex consecutive month that Connecti totalling more Tb aiLU .8 billion By Denis G. Gulino cut rates lower than the average. United Press International ing," Moran said. "This was the ciates, a 3M Scotchtint Sun Control Film dealer in American Express. pected and the seasonally adjusted statewide. Manchester, was awarded a gold clock for his 2) Carry only those cards you need and maintain a rate increased 0.4 percent to 7.8 Unemployment fell in 13 labor fourth consecutive month in which performance as past president of the Dealer separate list with all card numbers, expiration dates percent. Labor Commissioner P. market areas in Connecticut for Weekly wages of toctory WASHINGTON - The govern we’ve had increases above 1 Advisory Council, 3M Energy Control Products. and phone numbers to call if they are lost or stolen. Joseph Peraro said Wednesday. March, while the jobless rate workers also set a high, with ment's leading economic indica percent.” I f A. Award ws made at the annual dealer conference 3) Update your list of cards, dates and phone The overall jobless rate dropped increased in Ansonia and Willi- Ansonia ($396) and Bristol ($383) tors climbed 1.5 percent in March, In February the index went up held in Orlando, Fla., last month. numbers regularly. 4,900 in March to nearly 126,000 and mantic and remained the same in topping the list, followed by stronger growth than in February 1.4 percent. January’s index Elmore has served as president of The Dealer 4) Never give your credit-card number to an the actual statewide unemploy Bristol. Hartford ($382), New London- and the seventh increase in a row, s u rg ^ by a revised 3.2 percent. Advisory Council, which is a select group of unsolicited caller who may use a ruse such as "the ment rate fell from 8.2 percent to Included in the stmewide esti Norwich area (^ 0 ), Bridgeport the Commerce Department said Nearly as big a contributor to the Energy Control Products dealers which also company computer failed and we need to retrieve 7.9 percent. mate were those receiving unem ($368) and Norwalk ($365). How today. index increase as raw materials represents the attitudes and desires of the your accQlqt number,” or “ You have just won an There is usually a sharper ployment benefits, others ineligi ever, there was a longer average The composite index was helped prices was a lengthening of the national dealer network. all-expense-p^id-trip to Hawaii. Please give us your decline in unemployment for ble or whose regular benefits work week in March of 40.9 hours. most by an increase in raw average workweek, the depart materials prices, suggesting de ment said. mand continues to improve as the The third biggest contribution economy recovers from recession. came from an indicator that Britton promoted THE WINDOW Seven of 11 indicators contrib measures the pace of deliveries. uted to the improvement, a broad- When it slows down that is one sign James N. Britton of Manchester has been AND DOOR TECH ENERGY based gain that encouraged econo orders are increasing. named director, of the recently created product Also improving were the forma PEOPLE BEFORE YOU BUY YOUR WINDOWS AND DOORS mists searching for underlying Herald photos by Tarquinio support department economic strength. tion of new businesses, orders for of the Diesel Sys CHECK THIS LIST An accompanying index of coin factory equipment, stock prices tems Group of Stan- cident indicators also went up, its and the money supply.