Scammers Exploit Launch of New Chip Cards

Chip cards a new-fangled credit and debit cards embedded with a microchip have been dropping into mailboxes across the U.S. for several months.

The cards are supposed to make transactions more secure and reduce the risk of credit and debit card fraud something we obviously applaud.

Many people have already received their replacements, but the rollout is expected to continue right through 2016 before everyone has them.

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