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Web Extra: Scammers Targeting Your Credit

Friday, 9 Jan 2009 | 4:01 PM ET

As the economy continues to founder, the scammers seem to coming out of the woodwork. Security expert Jim Stickleyalready warned about fake ATMs stealing your cash.

In the accompanying web extra video, he also reveals the scammers looking to capitalize on your need for credit. They’re racking up victim after victim with the lure of pre-approved credit cards – and that means you need to know how to spot the fakes from the genuine plastic.

OTM Web Extra
CNBC's Carmen Wong Ulrich helps viewers manage their personal finances in this On the Money Web Extra.

The scammers can target you through the mail or even in person at fake credit card kiosks. Watch the video segment below to know what you need to avoid.



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