Receipt Thieves

By: Paul Aker
By: Paul Aker

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It doesn't take much to get your bank account ripped off these days. Just a stray receipt is enough to cause problems. Losing a credit or debit card receipt could be just as dangerous as losing your card.

Many businesses use receipts with your card's entire account number and expiration date, all the information a thief needs to log onto the internet and start buying. It works because Internet shoppers don't need a photo id and no one checks to make sure the buyer is really the card owner.

There are things businesses can do to help protect their customers. Some have started using receipts that only show the last four digits of an account number and omit the expiration date.

Sedgwick County Detective Norman Bye wants to see all businesses use these four digit printouts. He says many businesses are not yet offering theft proof receipts because they don't want to spend the extra money to update their computer systems.

A new Kansas law goes into effect in a year that will prevent business from printing any more than five digits on a receipt. Fraud experts say you still need to guard your receipts closely and be especially careful when you travel out of state.

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