BLOOMBERG Bloomberg BusinessWeek September 17, 2017
Theft. I had not heard of this. Megan it is a really troubling and quite spooky story about how fraudsters are doing Something Different than just stealing existing identities. They are actually compiling their own identity. What is so fascinating is its a long game. This can take months, even years to pay off. They have to keep establishing the identity, keep applying for credit for the ultimately cash out. Oliver it is like a weird ponzi scheme of credit fraud. What is interesting is you guys detailed somebody in the story, the actual degree to which they are able to do this. 340,000 using c...
Source: archive.org
