Clark has a special warning for people who carry fake Visa cards. There has been a breach of security at one of the big national merchants. No one is saying which merchant it is, but an employee has evidently obtained the records of an untold number of customers. That person is using people’s debit card numbers across the country without their knowledge. So, when people try to use their cards, they are being turned away. We need full disclosure by the banking industry about this and anytime it happens. We need to know how many people are affected and what institution is involved. So, for the next seven days, if you carry a fake Visa card, check your account for unauthorized debits. Criminals are striking fast before people realize what’s going on. Why is this so important? If someone gets a hold of your fake Visa numbers and charges up your account, that money is gone. You have to fight to get that money back, and banks decide on an individual basis. Also,Visa offers no protection for you if it causes checks to bounce. It’s a disgrace, but right now, banks are free to decide whether they want to help you out or not.

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In other banking news, you may have heard Clark talk about the computers – and personal information – stolen from Wells Fargo recently. To give you an update, Wells Fargo still will not disclose how many people were affected. But, if you got a letter and the offer of free credit monitoring for a year, the company is not going to automatically charge you after 12 months. So, don’t worry. Use the free monitoring for a year with no obligation. Both banks should come clean about what's really going on though.