Slashdot Mirror
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."
Man, and I just NOW hear about this!
"He who would learn astronomy, and other recondite arts, let him go elsewhere. " -- John Calvin, commenting on Genesis 1
Oh noes! Well, luckily 10^4 gives 10,000 combinations. Maybe you should get your bank to invest in better ATM keypads?
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...
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.
It's the new magic ATMs that only have 4 numbers on it: 1,2,purple square and 8.
The Internet is generally stupid