The caller warns that those without a replacement strip or dot will be unable to use the credit card. Intended victims are told to provide credit card account numbers for verification. He tells the senior citizens to turn their assets into paper money and mail it to him so he can turn it into gold and mail it back to them. Sending unsolicited messages selling investment opportunities in companies or products that are touted as capable of fixing the Y2K problem. Shipped to the customer's home, purchasers' addresses indicate who has cash stashed at home.
Thieves can know exactly what book to look for on the bookshelf.
The con artist then switches the long distance service. Banks in Colorado are confident that our industry will handle Y2K with minimal problems. No, and neither can anyone else. A few ATMs may not work, causing inconvenience, but that happens every day of the year. Y2K experts rank banks as the most prepared sector.