Scammed on my mastercard

philipnyoung · 15 May 2018 at 4:05PM

I have been scammed in a big way with £17500 on my Tesco Mastercard
Unknowing to me Mastercard changed the rules in April 17 whereby they would not honour chargeback or section 75 claims on this type of payment

I was not aware and thought I had protection and used the card 1.9.2017
Now Tesco refuse to recover the money quoting the ts and c changes and the Financial Ombudsman agrees.
Anyone got any ideas - or knows of superman's whereabouts
thanks

[Deleted User] · 15 May 2018 at 4:09PM

More details needed.

Scammed how? Where? Why?

[Deleted User] · 15 May 2018 at 4:12PM

philipnyoung wrote: »

Unknowing to me Mastercard changed the rules in April 17 whereby they would not honour chargeback or section 75 claims on this type of payment

Ah yes. This type of payment is often tricky.

davethorp · 15 May 2018 at 4:15PM

S75 is statute in law and cannot be changed without a change to the consumer credit act so Mastercard cannot possibly have changed the rules

As the other posters have said more information is needed to provide you with the best advice

k3lvc · 15 May 2018 at 4:31PM

Don't tell us - you bought £17.5k of Bitcoins ??

jonesMUFCforever · 15 May 2018 at 7:20PM

Bitcoins or Carbon credits or Derivative trading - why is it a scam now and would it be a scam if you had made money etc?

dj1471 · 15 May 2018 at 7:27PM

Binary options by any chance?

If the FOS have sided with the card issuer you're out of options, assuming whoever you paid is based overseas and untraceable.

Pound · 15 May 2018 at 8:30PM

philipnyoung wrote: »

I have been scammed in a big way with £17500 on my Tesco Mastercard
Unknowing to me Mastercard changed the rules in April 17 whereby they would not honour chargeback or section 75 claims on this type of payment

I was not aware and thought I had protection and used the card 1.9.2017
Now Tesco refuse to recover the money quoting the ts and c changes and the Financial Ombudsman agrees.
Anyone got any ideas - or knows of superman's whereabouts
thanks

Metropolis

mcpitman · 16 May 2018 at 3:36PM

OP has started another thread https://forums.moneysavingexpert.com/showthread.php?t=5843693

k3lvc · 16 May 2018 at 4:01PM

mcpitman wrote: »

OP has started another thread https://forums.moneysavingexpert.com/showthread.php?t=5843693

Hmm - no surprises there

[Deleted User] · 16 May 2018 at 4:01PM

mcpitman wrote: »

OP has started another thread https://forums.moneysavingexpert.com/showthread.php?t=5843693

So it is Bitcoin/online currency trading.

Goodbye... :T

Scammed on my mastercard

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