Saturday, November 04, 2006

Paying by plastic not safe anymore

Mumbai: Supratik Chakraborty was shocked after receiving a credit card bill of about Rs 1,20,000, all spent on buying as many as 22 air tickets in just 30 minutes.
Chakraborty, a young IIT Powai computer sciences professor, was billed for 21 Kingfisher airlines tickets and a Spice Jet ticket bought on September 29, a purchase, he says, he never made.
To make it worse, no one at his bank found this unusual.
“Such suspicious transactions of over Rs 1 lakh took place within half an hour and there were no alerts from Citibank,” Chakraborty said.
03/11/06 Jency Jacob/CNN-IBN
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