Fraudulent Cards on a Classifieds Site

[blaketar]

I am starting to get some fraudulent Classified Ad Listings on my web site for high-ticket autos.

In a nutshell the scammers are attempting to list for sale a high price auto for cheap in an attempt to secure a deposit from an unsuspecting individual.

Of course the scammers are paying for the ad listings via a stolen credit card. My question is even though I do a void; I am being charged the processing fee from my Merchant (authorize)?

What other security restrictions can I put in place? I have Address Verification and 3/4 digit security code?

This is really starting to frost my #$*& as these scammers are starting to cost me money in fees and lost productivity! Anyone else deal with this sort of situation and care to shed some insight!

[Corey Bryant]

You might try a service like Varilogix that calls the person to verify the consumer.

-Corey