Identity Theft Ring Busted

Discussion in 'Credit Talk' started by charlieslex, Nov 25, 2002.

  1. charlieslex

    charlieslex Well-Known Member

  2. humblemarc

    humblemarc Well-Known Member

  3. charlieslex

    charlieslex Well-Known Member

  4. Nave

    Nave Well-Known Member

    Here is the Washington Post article

    Excerpt:

    Cummings was allegedly paid roughly $30 for each report, and the information was then passed on to at least 20 other people, who then set out to make money from the stolen information, prosecutors said.

    "The potential windfall was probably far greater than the content of a bank vault, and they didn't even need a getaway car. All they needed was a phone and a computer, or so they thought," said FBI Assistant Director Kevin P. Donovan.

    More than 15,000 credit reports were stolen from Experian, a credit history bureau, using passwords belonging to Ford Motor Credit Corp., officials said.

    -Peace, Dave
     
  5. breeze

    breeze Well-Known Member

    I had CNN on this afternoon, and they said that after this guy left the software company he still had confidential information in his possession. Passwords. Why isn't a company that deals in this type of information more careful?

    Don't they change access codes routinely? Jeepers, the insurance companies I've worked for are more security conscious. Personally, if my ID had been stolen I would be looking for a lawyer to go after the company the dude worked for, because of their lax security procedures.
     

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