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Stealing From Banks One Cent at a Time

JRHelgeson writes "In a story strangely reminiscent of Superman 3, a 'hacker' allegedly stole over $50,000 from PayPal, Google Checkout as well as several unnamed online brokerage firms. When opening an online brokering account it is common practice for companies such as E-trade and Schwab to send a tiny payment — ranging from only a few cents to a couple of dollars — to verify that the user has access to the bank account listed. According to the story, the attacker wrote a script that opened thousands of accounts at dozens of these providers. He was arrested not for taking the money, but for using false names in order to get it."

2 of 313 comments (clear)

  1. A hollow victory. by b4dc0d3r · · Score: 0, Troll

    These were my ass pennies.

  2. Re:How about: Banks - Stealing from clients.... by KKlaus · · Score: 0, Troll

    You signed a contract idiot.

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    Relax I just want some peanuts.