Thread: Monoprice Fraud

Thought I would share this since a lot of you might shop at monoprice....


Monoprice.com Shuttered After Fraud Complaints — Krebs on Security

Their facebook page is pretty busy with discussion.

This happens more then you think. Many times it's never reported from the company. Monoprice won't lose my business because this could happen to anyone.

I'm really surprised this hasn't been in the news more. I and another friend experienced what others are complaining about. I'm lucky it was only a few iTunes charges and the bank caught it as some are complaining on Monoprice's Facebook page of having thousands of dollars in charges made to their cards. Some were debit cards which cleared out their entire bank accounts. I loved their products and their prices. But until Monoprice admits to the source of the fraud and shows they have taken care of it, I would not shop with them again.

They'll be fine...and I'll be back.

Thanks for sharing. I use monoprice on a regular basis and as of now do not have any fraudulent charges on my account. I'm actually impressed that they were willing to take the site down to make sure they get it fixed. I love their products (and prices) and will continue to shop there. Just another reason to only use a credit card to make purchases online (as opposed to a debit card).

See, I told you guys to buy cables from Best Buy. Won't you ever listen?

I needed some HDMI cables a month or two ago and ended up just buying them from Amazon since I have Prime and an account and everything with them -
Amazon.com: Amazon Basics: Electronics

Also, you have known problems if you take your site down like this, this isn't normal. This is much more than 'oh they're checking us out to make sure'. Their shopping cart is much more telling:

The Monoprice website is unable to accept any orders (which includes order via phone, or livechat) while we correct some problems and perform maintenance.

I've bought from MonoPrice.com a lot. Never had a problem.
Back in October I bought a box of candy from Macy's.com and a few days later the fraud department of my bank shut down my card because they seen 3 internet purchases within 75 minutes totaling over $800.00. One of the purchases, the last one, was at Macy's.com. Luckily, because of my banks quickness, I had everything corrected in about a week.
Ghpr13

I would not hestate to shop atMonoprice again, but to be cautious -

1.. Only use a credit card.
2. Even better, use a temporary credit card number with a $$$ limit.