Is "SPOILEDCHILD" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "SPOILEDCHILD"?

Woodman's Food Market, typically referred to as Woodman's, has been in business since 1919. This employee-owned supermarket chain operates primarily in Illinois and Wisconsin. The store offers a wide variety of retail products including groceries, dairy, frozen foods, beverages, fresh produce, and bakery items. The company also provides household goods, personal care products, and pet supplies. Woodman's stores are known for their large size and extensive selection of both mainstream and specialty items.

SP: Bank code or abbreviation of the financial institution

OIL: Transaction type or category code

ED: Date of the transaction (possibly the 5th day of the month)

CHILD: Unique identifier or reference number for the transaction

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.