As Life Goes Digital

Before you get too excited about getting your $25 check (yipee), you may be interested to know that the lawyers will be receiving 28% of the $331M settlement. And they pulled this off by "representing" us as plaintiffs in a class action suit. How many of us knew we were a plaintiff? How many of don't like the fact that our "views" can be represented in mass like this without our knowledge or approval? And for what, $25 in "damages" and $80M to some law firm. What's wrong with this picture    

WOW thats significant money to lawyers. I myself never knew that I'm a plaintiff for this lawsuit until I received the refund form in mail.

Thanks shammydog for sharing the info.    

Have you actually done any research on this? It sounds like you are blindly accepting what you read in a letter. I also received this letter and am highly suspect. If you received this in your email inbox, would you be so enthusiastic about it? I have not been able to find any evidence that this is not a scam. Just because someone sends an official looking letter, has a website and an 800 number does not mean that it is not a scam. BE CAREFUL and do your homework, especially considering all of the dodgey wording in the letter and the fact that using option number 3 requires you to submit credit card account numbers. Just because someone says you may receive a refund does not really mean you will. You may be waiting a very long time while many innocent people are scammed in the mean time.    

@Ram - You raised a very good concern and the time line for this notice is until May'2008 and we got enough time to find out more details.

Also I got involved in the past with class action suites with Verizon on restricting some bluetooth features on a e815 Motorola cell phone and successfully got a new phone for free for participating in that action law suit.

Also Sunrocket is another example.

This particular case If I dont research then option#1 is safer one to go for I believe.    

I was highly suspicious, too. I went online to 'file' the claim, put in the refund ID, and was told to make sure my name and address were correct before submitting. Guess what? It's not going to be correct - they put your first and last name in the 'last name' field, leave the 'first name' field blank, and since the name fieldS are required, prompts you to correct them - when you click the link to correct the name and/or address, it also asks for your credit card number and last 4 digits of your social. NEVER give this information out, people! This is SUCH a scam!!!    

From all the comments it seems like a scam.... I too recieved this via mail. How do we notify the authorities about this to investigate if this is a scam or not?    

I still doubt if this to be classified as scam as all major newspapers like CNN,MSNBC reported of this settlement.

A statement from credit card companies would help to clear the doubts that this is not a scam.    

Actually..i have the same letter.. Guess it is a Scam..coz..in the second page it says "Do not contact the court, the Defendants, or your blank with questions about this case"...guess this rings the alarm bells loud guys!!    

It's interesting that if you google CCF settlement there is no mention on the first couple of pages about this thing from any source other than people's blogs which, while entertaining and informative, are not usually on the Reuters line. About 5 pages into the search I found a local news affiliate of NBC had reported on it, but it didn't look as if they had done any research on it, so I sent them an e-mail asking them to follow-up on it - most channels have those candid camera type programs where they will go do the snooping for the community.

I did see a couple of BBB statements, though, so I'm not sure. Still, for my money I think I'll feel safer being $25 less rich if it means that I know nobody has my bank info other than me and my bank!    

from all the evidence I have seen so far it could be one of these two things
1. A scam based on an accurate information(according to the news)they just jumped at a chance to scam you by getting your info ( SSN, Bank info) because if the lawyers in question win this case the banks would just refund you the extra fee charged
2. Not a Scam but a rather fool hearty mission because who has ever won a case when there is so much money in question the US banks own this country and it's highly unlikely that they would let a case like this ever be settled in the near feature, they will keep this case tied up for years to come.

At least in my case I was charged only around $30 for foreign transactions because I always take cash and lots of it with me, I know it's unsafe but it's the only way to avoid feeding the fatcats in Washington.    

Not a scam, I am in the Air Force, and we just got email traffic from the top, saying it is not a scam whatsoever, and that we are free to claim our personal credit cards.    

Dale,

Do you have documentation that states this is not a scam that you can forward on to us?

Kindly,
Mimi    

It is a scam people. I was cautious and I sent my claim for the $25.00 refund by certified mail to the PO BoX address in Philadelphia. As of today, no one has picked up the form and my bank notified me last week that they had canceled my debit card and they will reissue another without providing a lot of info to me. Thank God. Some people who have never left the States also had received notification from this settlement. How they did get access to our personal info, who knows. Anyway, we need to notify authorities in PA and the US District Court about this settlement.    

Total scam by the info that all of you have come up with, 25 dollars is not worth the thousands that one will surely pay to cleanup there credit and name when they will suffer for there trust in this B S! They can have my so called 25 dollars and shove IT! im tired of peoples weak attempts to get rich, GET A JOB....We should Call the FBI and notify them. THE MAC from the O.C.    

I lived in UK for several years during this period and the sums involved are large, but w/ always shifting currency exchange rates it was impossible to know what was happening - you can bet though that if the shoe were on the other foot the banks would bleed us dry - with interest but there's been no mention of what interest we're being paid as of yet and why is this a class action suit instead of being handled by the justice dept?
Why do we have to pay people to enforce the law? How is it you can steal a half billion dollars and no one goes to jail? the crimes began in 96 , twelve years ago and the issue is still not settled? What ever happened to swift and sure justice?    

This is NOT a scam. The suit is expected to settle sometime in mid 2009. I did due diligence on the suit ( I am a Federal Agent and have investigated numerous schemes.