Just got back from Vietnam. One of my friends left the day before me and spent the day milling around HCMC before his flight.
He ended up in a card game with some friendly locals. Long story short (full details of the scam can be found here), he was scammed and ended up being coerced into spending $12k across a number of his cards in a shop. He was lured into the small stakes game, but ended up feeling in danger quite early on and unable to leave as things progressed.
He's tried speaking to the police, insurance company and card issuers but with no luck. Their basic stance is that he entered what was effectively an illegal card game willingly.
What I don't understand is, how can VISA not be on the hook to some extent for allowing $12k of transactions to one little gold shop in HCMC within a matter of minutes? Surely this would trigger every security wall they have in place?
Anyone working in banking/finance got any insight as to how he could go about getting this sorted?