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FTC Kills Dirty Online Check Processing Outfit

Posted by kdawson on from the dirty-pretty-checks dept.

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."

8 of 82 comments (clear)

  1. Slashdot was down. by Omniscientist · · Score: -1, Offtopic

    Discuss.

    1. Re:Slashdot was down. by Anonymous Coward · · Score: -1, Offtopic

      Wow first time in ten years I can remember /. being down. I shall notify the authorities to mark this in the historic textbooks to be spread to the corners of the earth - libraries, monasteries, and brothels. Mmmmm... brbrothel..

    2. Re:Slashdot was down. by moteyalpha · · Score: -1, Offtopic

      I thought it was just pining for the fjords... No, no, 'e's uh,...he's resting.

    3. Re:Slashdot was down. by Anonymous Coward · · Score: -1, Offtopic

      It was about time Slashdot slashdotted itself. I don't understand how Slashdot withstood the slashdotting all this time...

      captcha: deadlock

  2. It's back..... by IamGarageGuy+2 · · Score: 0, Offtopic

    1. wait for /. to go offline 2. get first post 3. ? 4. profit

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    Stay tuned for new sig...
  3. Rate Parent Up by hdon · · Score: -1, Offtopic

    Rate Parent Up!!

  4. Re:Terrible News! Please read! by Anonymous Coward · · Score: -1, Offtopic

    Ah, so hung like Ron Jeremy compared with you.

  5. Re:You are kidding arent you? by interstellar_donkey · · Score: 0, Offtopic

    Um, my Casio calculator watch from 1984 runs Linux, despite having no OS, no way to load media, and nothing but a 14 button keyboard.

    Maybe you just don't understand how Linux works.

    Now if I can only find a driver for the joysticks for my Atari 2600, that'll be running Linux too.

    --
    The Internet is generally stupid