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It's Easy To Steal Identities (Of Corporations)

jfruh writes "Two lawyers in Houston were able to exploit business filing systems to seize control of dormant publicly traded corporations — and then profit by pushing their worthless stock. In many states, anyone can change important information about a publicly registered company — including the corporate officers or company contact information — without any confirmation that they have anything to do with the company in the first place. Massachusetts requires a password to do this through the state registry's website, but they'll give you the password if you call and ask for it. Long focused on individual ID theft, state governments are finally beginning to realize that corporate ID theft is a huge problem as well."

4 of 140 comments (clear)

  1. Re:Wouldn't that just be corporate fraud? by whoever57 · · Score: 5, Funny

    Corporations are people too!

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    The real "Libtards" are the Libertarians!
  2. Re:Boo frickin' Hoo by srussia · · Score: 2, Funny

    I'll accept that a corporation is people.

    Even if it's the Soylent Corporation?

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    Set your phasers on "funky"!
  3. Don't worry, I got this by BuypolarBear · · Score: 3, Funny

    I'm the CEO of Lifelock and we're putting together a special package for corporations to prevent this kind of thing from happening. Additionally, if you'd like to invest in our company(whose stock will obviously be rising soon because of this great new service) I'd be more than willing to sell you a few shares right now.

  4. Identity Theft - Not really a crime by Frankie70 · · Score: 2, Funny

    Identity theft is not really a crime. It's like Music or Movie Piracy. You are just creating a copy of another person's identity. You are not depriving him of his identity. Once the copy of the identity has been made, both of them can use the identity.