Smart Thieves Steal Small Amounts From Lots of People

October 13th, 2010

ThiefAccording to the Federal Trade Commission, a thief or group of thieves stole $10 million in fraudulent credit card charges over four years by keeping the thefts small (less than $10), spreading them among more than a million cardholders, and never charging the same person more than once. Many cardholders didn’t even notice the charges, but there were enough complaints that the FTC finally took action and filed suit—although they don’t actually know who’s responsible for the thefts.

Link: http://www.nytimes.com/…
(via The Consumerist)

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