Beware of scams involving Green Dot prepaid debit cards, AG Bill Schuette warns
Article from The Bay City Times – MLive.com:
(Bridge Magazine/courtesy photo)
LANSING — Scammers are using the increasing popularity of prepaid debit cards to prey on unsuspecting victims, Attorney General Bill Schuette is warning.
The growing use of Green Dot “MoneyPak” prepaid cards has given thieves a new avenue to steal money directly from people, Schuette said in a “consumer alert” issued in advance of the Christmas holiday.
The cards function like regular debit cards, but are not tied to a bank account and instead must be loaded with funds when purchased from a retailer. Each card has a unique PIN code which can be used to access the funds on the card, and Schuette warns that several scams are circulating in which victims are tricked into sending the codes to thieves.
“Treat the money stored on your MoneyPak card the same way you would treat cash in your wallet,” Schuette warned consumers. “Refuse any offer that asks you to buy a MoneyPak and share the number or receipt information by email or phone.”
Common scams involving the cards include thieve…………………continues on The Bay City Times – MLive.com
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New tax starts for prepaid wireless, New E9-1-1 tax takes effect Wednesday
Article from Peninsula Daily:
OLYMPIA — Consumers of prepaid wireless phones and minutes will see a new charge on the sales receipt starting Wednesday (Jan. 1).
That’s when a new state law takes effect that requires retailers of prepaid wireless services to collect the tax that supports enhanced 9-1-1 services, or E9-1-1.
Wireless companies already collect and remit the tax.
Cellphone users under contract pay this tax on each month’s bill.
But for prepaid wireless users, the tax was not part of their purchase of phones or minutes. Now, prepaid wireless users will be charged the $ 1 fee at the cash register to be collected by retailers.
Local governments will receive 70 cents of the tax, and the state will receive 25 cents. The new law will allow retailers to charge 5 cents to cover their cost of collecting the tax until July 1, 2018.
The tax supports the technology that enables local 9-1-1 emergency services to pinpoint the location of cellphone users who call for help.
The E9-1-1 tax is in addition to state and local retail sales taxes.
The tax comes as part of House Bill 1971, a larger telecommunications bill passed by the state Legislature during the 2013…………………continues on Peninsula Daily
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