Innovations and Payment Systems

We told you not to scan this

As we said in our story, “Mobile technology means new fraud techniques,” new technology, particularly in mobile devices, has led to new opportunities for fraud. QR codes are encrypted URLs that smartphones can scan and translate into Web pages.

Fraudsters are counting on the fact that unsuspecting and naive people — anyone come to mind? — will scan in just about anything, including the one we placed in the story (and at right), despite our warning that you shouldn’t do so. 

Consider yourself let off easy.

See related:Cellphones become fraud-fighting tools, 8 tips to stopping bank app fraud, How to clear credit report of fraudulent activity

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