"Oh yes, I feel much better now thanks to you," he said.Īlready 7 On Your Side has received other fraud reports. The company referred 7 On Your Side's inquiries to the Franchise Tax Board, and after we reported the theft on Foreman's account, the refund finally arrived.įoreman finally got his refund - on a new card with no chip - so he cashed it pronto. Weeks passed and Money Network still had not mailed Foreman's refund. RELATED: Californians get inflation relief payments, but confusion arises about cards, issuing bank Officials said chips "are only one security measure" to protect the billions of dollars now flowing to households.Ĭalifornians are still reeling from massive fraud found in the Employment Development Department's distribution of unemployment benefits during the pandemic, when scammers drained millions in unemployment benefits from EDD debit cards. The contract allows Money Network to issue cards without chips rather than wait for a supply. we learned the supply of chips is limited due to a nationwide shortage." The Franchise Tax Board tells us it's a supply chain issue, saying "during the competitive bidding process. I don't know why that ball got dropped," Foreman said. In fact none of the cards we've seen at 7 On Your Side have a chip either. RELATED: Californians reluctant to cash in their inflation-relief debit cards: Here's why In fact, the marketing materials show the card with a chip right there - embedded on the back of the California grizzly bear.įoreman shows us his debit card - no chip.
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