I work overseas and I recently made a trip to Dubai. While there, I used my credit card at several locations. I also used my card to book the hotel online…so I’m not sure how the card was compromised. It could have been when I used it in person or the online charge I made for the hotel itself. I was lucky because the transaction was still pending when I saw it. I immediately call the credit card company and canceled the card.
I guess crooks buy the insurance then file a claim and get the money....
I hope these people get caught soon but from reading the other comments...it's still going on. this happened to me in August 2013.
Product or Service Mentioned: Asurion Claim.