If you read this blog regularly, you know that I get a kick out of news stories involving receipts, especially if receipts are somehow involved in fighting crime. I came across a story a few days ago online where a woman was arrested because a receipt proved her guilt in a credit card scam.
Basically, a woman tried to use a credit card to buy $630 worth of gift cards. First of all, who buys $630 worth of gift cards at one time? But what was more surprising is that she had replaced the magnetic strip on the back of the card with one from another card. So when the limited information printed on the receipt about the credit card didn’t match up with the card, the cashier got suspicious.
The Federal Trade Commission only allows retailers to print the type of credit card and no more than 5 digits of your credit card number. It basically impossible for anyone to track that number back to any individual person. But it is enough to get you in trouble if you are using a Discover card with a magnetic strip from Visa.
Never forget: receipts run the world.