Fraud Alert! A warning for local, small business owners issued by Peterborough Police

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The Peterborough Police Service’s Financial Crimes Unit is warning local, small business owners about conducting over-the-phone transactions.

Recently several, local businesses have been scammed after accepting bogus credit card payments over the phone for their product or services.

Once the credit card is accepted the scammer then arrives or sends someone to pick up the product. A month or so later the business determines that the credit card was fraudulent or compromised. The business is then out the amount of the product as well as any fees incurred.

The Peterborough Police Service reminds all businesses that there is a high risk when taking credit card information over the phone and not verifying the information provided immediately.

When a person comes in to pick-up merchandise employees need to ask to see the credit card and verify the person’s identity and the credit card information.

If local business owners have any questions or concerns please contact Detective Constable Keith Calderwood in the Financial Crimes Unit at 705-876-1122 ext. 214.

To report a fraud please contact the Peterborough Police Service at 705-876-1122 or online at Report A Crime