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.
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).
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
Never, ever ever use a debit card for internet purchases. If there is fraud, you have to take action to get your money back and in the mean time your back account is cleared out with other checks and debits bouncing at $39 fees each until you prove fraud.
With credit cards you are liable for a maximum $50 (in many cases $0) and the burden is on the credit card companies, not you and you are never out any money while the fraud is investigated.
I purchased many cables from monoprice.com over the years and never had a problem, but I haven't needed to buy anything from them in the past couple years. However, monoprice.com has due-care and due-diligence obligations (legal standard) to protect their customer's privacy and credit card information. As such, any customer victimized by monoprice's negligence is free to seek legal recourse.
I still don't understand why people use their debit cards online... I don't even hand my debit card to a waiter at a restaurant. Credit card all the way... I just pay it off every month to prevent any interest and I get the reward points too...win win.
Speaking of monoprice... does anyone know where to buy a switch like this? They have an ETA of 4/27... I really don't feel like waiting that long but this switch with the toslink out would work perfect not to mention I could buy a set of wireless headphones and hook them up to this!
Since I help run an online store this kind of thing worries me and I feel for Monoprice. Working to keep customers information private is a lot of work and no matter how good your security is I am sure there is always a way for people to break in and get what they want.
Kind of scarry though!
As I said I feel for Monoprice and when them come back online I will not hesitate to shop from them again.
Ordered from Monoprice once and can't say I'd be enthusiastic to do it again. I picked two-day shipping, never got it. On the 2nd day looked at the tracking number and it hadn't shipped. Called them and was promised immediate shipping, that was on a Thursday. By the next Monday they still hadn't shipped and I called again, they promised to overnight it. They did, but I didn't get it until Wednesday. So I placed an order for 2-day shipping on a Monday night (after EOB), with 2 day shipping expected to get it Thursday - never got it until the following Wednesday.
And then when I got it in, it was the wrong item, had to call them back and they did overnight a new one, of course it didn't get delivered until after EOB Wednesday so that one didn't come in until Friday.
Would have been nice if they had at least offered to refund my shipping.
Seems like this is not a common occurrence with them but it was a bad first experience and I'm not likely to go back.
Ordered from them in February and last weekend got a call from my credit card company asking about some charges that I hadn't made. Luckely they were all denied.. Always had good luck with them before this..