5Dimes Fraud Claims Continue
We initially reported on issues with 5Dimes credit and debit card deposits back in early January. Users have seen fraudulent charges on their cards appear after depositing at the sportsbook. Since that time, more allegations have surfaced on sports betting forums, such as Reddit’s /r/sportsbook and Sportsbook Review Forum, but apparently, those posts are being deleted and altered by moderators.
June 2018 Safest Betting Sites
Not an Isolated Incident
Issues with users finding unauthorized charges on cards they used to deposit at 5Dimes have been going on for at least over a month. A recent Reddit thread, by the user, “gregmav1” spoke about his own experienced with fraudulent charges on his cards after depositing at 5Dimes and chronicled past complaints.
Considering the frequency of complaints over the past two months – we have concluded that they are legitimate. Redditor, “themandrew007” saw fraudulent charges appear on a credit card that he only used to deposit at 5Dimes.
He made a deposit at 5Dimes for $500, and over the next few days, he saw an additional $600 in fraudulent transactions appear on his card from AT&T and Time Warner Cable. The user stated that he uses Verizon for his cell phone and FIOS for the internet.
Even before all the issues with charges on cards started happening, some users reported back in November that they had been the victim of identity theft. Their data was an exact match to the information that they entered at 5Dimes – it even included a misspelling.
Is Management to Blame for this Scam?
Of course, 5Dimes continues to be silent on the scam, despite the mountain of evidence that users depositing with credit cards are getting hit with fraudulent transactions. However, their silence is a different matter than indicting management with some credit card scheme where they are selling users information to third-parties.
We don’t think that is happening.
With that said, there are undoubtedly problems at 5Dimes and their payment processors. Users who make deposits are regularly seeing their cards hit with fraudulent charges that number from several hundred to multiple thousand dollars.
There clearly needs to be a change with the company that processes their credit and debit card payments. The issue may be with rogue employees stealing customer data as well, a hack from an outsider, or a combination of all three.
They also need to address the issue publicly. SportsbookReview.com and other industry-leading sites need to step up and report the facts.
Been a Victim of 5Dimes Fraud?
It’s important that you immediately call your credit card company or bank and report the charges if you are affected by the 5Dimes credit card scam. In almost all cases, they should be successfully removed from your statement, and you will not be liable.
Contact us at Safest Betting Sites. We are interested in hearing your story, as it appears that few other sites are reporting this news, or worse, actively trying to suppress it. If you can provide evidence of the fraudulent charges (while protecting your personal information) – that is even better.
5Dimes has been one of the best sites in the history of offshore sports betting, and while they are still paying all players in a timely fashion – this needs to be reported. We have posted a warning on our 5Dimes Review and have removed their affiliate links from our site.
If you’re still interested in depositing at 5Dimes, despite these issues, we highly recommend that you use the crypto-currency, Bitcoin, where you don’t have to give out much (if any) sensitive information.