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Corporate Identity Theft on the Rise
prostoalex writes "As millions of Americans lose their identities to online and offline thieves, a new kind of crime has been cooked up by the criminals who are not bothering with doing pesky credit card charges. They steal entire companies, opening up merchant accounts for existing businesses and running up charges from aforementioned stolen credit card numbers. What's worse, is that the hole the criminals exploit seems to be built into the system. According to Bob Sullivan from MSNBC, "Many of the processing firms interviewed for this article claimed they caught on to the fraud after the transactions had cleared, but before the suspects had withdrawn the money from various checking accounts around the country. One did concede, however, that the scheme has real potential.""
I wonder if Microsoft accepts credit cards.....
Is that a company in your pocket, or are you just happy to see me?
Ashton was quoted saying, "Dude where's my company."
And so - the Crimson Permanent Assurance was launched upon the high seas of international finance!
For some reason this just does not generate the sympathy in my heart that stories of personal identity theft does... I wonder why?
What?
/. UID, that's just sick
Who the hell did this?
Credit cards etc, they're fine, but my
Anonymous Coward
You only use 2% of your DNA
But they do accept souls..
---- Booth was a patriot ----
...appears to be by trashing your own credit. This way your credentials will be rejected for new applications.