Credit card and postal service theft and fraud in the Philippines. I’ve had very good luck with postal service in Iloilo City and now in Tigbauan, Iloilo. When I was corresponding with my wife to be using the Lucena City post office, much of what I sent her disappeared. Here’s a nightmare account of a foreigner who had his overseas bank mail sent to him through the Philippine Postal Service. I know others who have had no PhilPost problems but I continue to get my mail from the U.S. (including renewal credit cards, ATM cards, financial statements and so forth) via FedEx which I feel is more secure. I use www.usabox.com. See my post on that excellent service. Here’s the story.
“I had a credit card sent to me through the mail that I never received. Plus I had some other mail come up missing. The people that got my credit card were able to activate the card, convince my credit union to transfer funds from my account to the credit card and were able to charge over 50K (thats dollars and not php). There was another expat at work that had the same thing happen to him. I have my mail sent to the house and he has his sent to work.
The people had the physical card. There is no doubt in my mind that it was done prior to the card ever arriving at my house. In other words it was not my maid. She is not smart enough. Another thing they did was to have the bank change all my contact information. Their contact with my bank was all done by phone.
they also really knew what they were doing as they moved fast and purchased large items at high end stores. They also bought well over a million php worth of Rustons (ed an upscale Philippine retail chain) gift certificates.
The NBI (Philippine National Bureau of Investigation) would not even really investigate it. Of course Rustons also refused to cancel the gift certificates and even told me that they would honor them.
I would never send anything of importance through the mail. maybe some are lucky but I was not.
The funny thing is that I could never explain effectively how it happened. None could understand that a credit card would ever be sent through the regular mail. The police and anyone else kept telling me that someone had to sign for it.”