Quick Change Scam - How it Works?
An example of a quick-change con typically begins with paying for a low-cost item with a large bill, such as buying a $1.00 item with a $100 bill. While the cashier is counting the change, the scammer distracts the cashier by chatting about a random subject. Then, the scammer changes his mind and asks to pay for the item with a smaller bill such as a $5.
He hands the cashier a $5 bill and asks for the $100 bill back. The cashier forgets that he's already made change for the $100 and hands the original $100 bill back to the con artist. The cashier then makes change for the $5 bill.
The thief pockets the $99 in change from the first transaction.
How to Spot the "Quick Change" Scam
- Cashiers should be wary of customers trying to purchase a low-cost item with a large bill. Cashiers should request that customers use a smaller bill for the transaction. If the customers don't have a smaller bill, the cashier can direct them to the nearest bank to break the large bill into smaller denominations.
- Look out for shoppers who look confused and quickly and continuously asking to make change.
Check the comment section below for additional information, share what you know or ask a question about this article by leaving a comment below. And, to quickly find answers to your questions, use our search
Click here help maintain Online Threat Alerts (OTA).
Note: Some of the information in samples on this website may have been impersonated or spoofed.
Comments, Questions, Answers, or Reviews
To protect your privacy, please do not post or remove sensitive information in or from your comments, questions, or reviews.
Write Your Comment, Question, Answer, or Review
NB: We will use your IP address to display your approximate location to other users.