fraudulent cc charges...WLI Reservation Rewards

fraudulent cc charges...WLI Reservation Rewards

August 15, 2005

When we noticed a $10 charge on our credit card, it was a mystery. Neither my wife or myself had signed up for any such service.

On doing a little reseach, it becomes apparent that WLI Reservation Rewards, at 6 Coprorate Drive, Shelton CT 06484 (800)732-7031, is obtaining cc and debit info from a long list of legitimate companies, including such huge operators as Amazon.com.

They are then charging the victims' cards or debiting their accouts on a monthly basis for membership in their 'program' which, as near as anyone can tell is a scam shell itself.

Some victims have been told that because the charges are for small amounts of money, that this scan is hard to nail from a legal standpoint. But, if the indications I have seen are correct, this crew is bilking people out of tens of millions per month.

They also do business under a variety of other names, but the apparent umbrella is an organization called 'Web Loyalty'.

The best protection is to peruse your monthly bill for charges you do not recognize. It showed up on our bill as WLI Reservation Rewards, but could take other forms.

THIS IS A VAST SCAM, AFFECTING A HUGE NUMBER OF VICTIMS....and apparently no agency wants to put them out of business. All they are lacking is a mask and a gun, but cleverness has carried the day and they are actually getting complicity from the major corporate entities whose businesses they uise to obtain the necessary informatin to perpetrate their scam.

Murad, in Maine Click this link to e-mail the message author: Email User

Comment On This

Same experience here, for the most part. One difference, however, I would recommend that if we really want to stop these guys we take a different approach to getting our money back. When they give you a refund of $9.00, it costs them $9.00, which they originally stole from you. There is no further damage to them. When you dispute the charge with your bank or cc issuer, they lose the $9.00 immediately, and are charged approximately $25.00 by their merchant processor for a chargeback fee. If their chargeback volume exceeds 1%, they will most likely have their merchant account shut down or suspended. This means they may not charge other people in the future and will likely go out of business. It should take about the same amount of time and effort for you, but could �put the hurt� on these scam artists. Just because they work with large companies, does not mean they are reputable, and you just mis-understood. I own a credit card processing company, and I know for a fact that I never agreed to the charges. Also, I went back to www.deepdiscountdvd.com and went through the steps of purchasing from them. The discount offer does not tell you anything about the charges or the membership at all. They are violating Visa/MC regulations, as well as perpetrating fraudulent transactions. Please dispute the transaction at your bank or cc company, instead of getting the refund. If your bank or cc company takes too long, or won�t reverse the charges, then you can always call back for your refund later.