US Financial Quagmire Bringing Out the Scammers

coondoggie contributes this snippet from NetworkWorld: "You could probably see this one coming. With all of the confusion and money involved you knew there would be cyber-vultures out there looking to cash in. Well the Federal Trade Commission today issued a warning that indeed such increased phishing activities are taking place. Specifically the FTC said it was urging user caution regarding e-mails that look as if they come from a financial institution that recently acquired a consumer's bank, savings and loan, or mortgage. In many case such emails are only looking to obtain personal information — account numbers, passwords, Social Security numbers — to run up bills or commit other crimes in a consumer's name, the FTC stated."

Comments

Re:But what about the real scam?

[Quasar1999]

I was going to mod you, but I couldn't find '+1 really bitter but ultimately on to something'.

Sadly your idea of printing money to devalue it to the point where you can easily pay off your debts would work, but only if the US was self-sustaining, which it isn't. And I doubt you'd get the Chinese to agree to devaluing the US Dollar much more, they seem to have a very large amount of US dollars in their hands... some sort of insane trade deficit? They'd probably invade the US to over-throw the government and attempt to stop the devaluation of the currency (and their investment). Somehow I see world war 3 coming out of this royal fuck up by the US.

It's times like these I'm so happy to live in Canada, and look forward to enjoying the nuclear winter that's inevitibly coming sooner rather than later.

Re:well ...

[smallfries]

Dude, I ain't even from Iceland...