Nick PerryFounder and CEO of 7 Figure Cartel

Tap-to-Pay Scam? How Criminals Drain Cards Quietly

3 Mar 2026 · 1 min

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In this short warning video, the speaker alerts viewers to a growing pickpocket scam that exploits contactless (tap‑to‑pay) card technology. Small groups of three thieves work together: two distract the victim while the third lifts the wallet. Once in possession of the wallet, the thieves make repeated low‑value contactless charges that stay below the PIN‑prompt threshold, draining the victim’s debit and credit cards until the cards are blocked. The speaker emphasizes the financial risk—potential losses ranging from $5,000 to $100,000—and offers two simple preventative measures: wrap a rubber band around the wallet to feel any movement, and/or disable the tap‑to‑pay feature on all cards. The video ends with a call to share the warning with frequent travelers.

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Never ever carry your wallet again before you know this, or else you will lose anywhere from $5,000 to $100,000. Here's why. There's a scam going on where pickpockets steal your money from your debit and credit cards using a special machine. They usually move in groups of 3. 2 people distract you while the last discreetly takes your wallet. Now, once they have your wallet, they charge all your cards multiple times using the tap-to-pay feature. They charge them as much as they possibly can while staying under the amount that would require a password, and they do this until the card gets blocked. So next time you're out, take a rubber band and wrap it around your wallet. That way, if somebody tries to take it, you will feel it moving. But if you want to take it a step further, then turn off the tapping feature on all your cards. Send this to someone who travels a lot.