Debit card fraud, but what was the point?

TadleyBaggie

Over the weekend I noticed my available balance was much lower than expected, can't see pending transaction however. Contacted bank and they could see two large pending transaction, neither of which I had made.

One of them was for Direct Line Insurance, which lead me to wondering what the scammers are expecting to get out of it? Once the transaction is disputed, then whatever insurance was taken out will be invalidated, leaving the scammers with nothing (except perhaps a worthless certificate).

So what was the point?

PeacefulWaters

Maybe it proves to a car dealer that they've insured the Jag they've just bought with a fraudulent transaction.

Jhoney_2

Proof of ID? Proof of address? Who knows what these scammers have up their sleeve - their thought processess are otherworldly to most of us.

jonesMUFCforever

Probably to get a certificate of insurance which then can be doctored to a fraudsters liking.