FTC Kills Dirty Online Check Processing Outfit

coondoggie writes "The Federal Trade Commission today got a US District Court to stop permanently what it called the illegal operations of an Internet-based check creation and delivery service, and to require the group to give up over half a million dollars in ill-gotten gains. According to the FTC, Qchex.com created and sent checks drawn on any bank account that a Qchex user identified, but did not verify whether the user had authority to draw checks on that account. As a result, fraudsters worldwide used the Qchex service to draw thousands of checks on bank accounts that belonged to unwitting third parties. 'The evidence shows that the launch of Qchex.com was a "dinner bell" for fraudsters and resulted in a high number of accounts frozen for fraud...' said District Court Judge Janis Sammartino."

Comments

You are kidding arent you?

[Anonymous Coward]

Are you saying that this linux can run on a computer without windows underneath it, at all ? As in, without a boot disk, without any drivers, and without any services?

That sounds preposterous to me.

If it were true (and I doubt it), then companies would be selling computers without a windows. This clearly is not happening, so there must be some error in your calculations. I hope you realise that windows is more than just Office ? Its a whole system that runs the computer from start to finish, and that is a very difficult thing to acheive. A lot of people dont realise this.

Microsoft just spent $9 billion and many years to create Vista, so it does not sound reasonable that some new alternative could just snap into existence overnight like that. It would take billions of dollars and a massive effort to achieve. IBM tried, and spent a huge amount of money developing OS/2 but could never keep up with Windows. Apple tried to create their own system for years, but finally gave up recently and moved to Intel and Microsoft.

Its just not possible that a freeware like the Linux could be extended to the point where it runs the entire computer fron start to finish, without using some of the more critical parts of windows. Not possible.

I think you need to re-examine your assumptions.

Re:You are kidding arent you?

[rubycodez]

of course there's a logical explanation. Linus took another much older OS called Minix written by a cranky old C.S. prof and changed the M to an L and an i to a u, and then distracted the professor with a meaningless and pointless argument about kernel architecture. Even after the Dr. found out about his former student's shameless plagiarism, he was just mostly relieved to find out that long haired dope smoking hippie Berkeley types would now target Linus' work with their "improvements" instead of "always trying to make my Minix into some kind of faggot BSD".

Linux unsuccessfully tried to compete with Microsoft on the desktop, until the KDE 4.x window manager managed to trump Vista in complexity, distracting eye candy, user confusion, bugginess and bloat.

Day late...

[Fished]

Man, and I just NOW hear about this!

Re:Check Security

[c6gunner]

4 digits isn't very secure, since 4^4 yields only 256 possible combinations

Oh noes! Well, luckily 10^4 gives 10,000 combinations. Maybe you should get your bank to invest in better ATM keypads?

Re:Check Security

[Nerull]

You're going to wonder how you said that, I suspect, but think for a bit.

You just said a 4 digit number has only 256 possible values. Now count from 0 to 9999...

Re:Check Security

[interstellar_donkey]

It's the new magic ATMs that only have 4 numbers on it: 1,2,purple square and 8.

Re:Slashdot was down.

[Anonymous Coward]

protip: no all Anonymous Cowards are the same person