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WMI*Reservation Rewards Credit Card ripoff Internet
I recently ordered a clothing product from a company namee La Redoute, which is apparently French but has a uk at the end of their web address. WMI*ReservationRewards apparently pays them a commission for credit card information which they then use to activate a monthly service charge for their service, which ironically includes credit card theft protection. There scam involves some advertisements that pop-up while you are placing an order with the original company, and they end up with your credit card number.
They are quick to cancel the subscription and refund the fee when you contact them, but I would bet that they are investing millions and collecting the interest during the period of time that the credit card owner is unaware of the charge. Each credit card holder pays only a few cents for the interest charged while they have the money and they are making interest on hundreds of thousands of dollars as they advance the scam.