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‘con’ Archives

USA is stuck in the past with credit card technology, much to the detriment of Americans traveling abroad

USA is stuck in the past with credit card technology, much to the detriment of Americans traveling abroad

This always sounds like something out of Mad Libs: "USA is stuck in the past with ( noun ), much to the detriment of Americans ( verb ) ( noun )_. The couple’s cards, which rely on magnetic-stripe technology for transactions, lacked an embedded microprocessor chip, which stores and processes data and is now commonly used in Europe. Such [...]

Hardline Nigerian official pledges to arrest the 419 scammers… if you send him $10,000 for “processing fees”

Hardline Nigerian official pledges to arrest the 419 scammers… if you send him $10,000 for “processing fees”

I find this situation quite funny. An "uncivilized nation" uses current technology to scam the citizens of the great western world. Just too funny. In a world-first move, a top Nigerian official has pledged to do more to jail the perpetrators of Nigerian internet scams that police say are costing Australians at least $40 million a year. But [...]

Man spent $7 million in bogus currency made with cheap inkjet printer

Man spent $7 million in bogus currency made with cheap inkjet printer

Details has an article about a guy who lived like a high roller by printing more than $7 million with an ink-jet printer and supplies from Staples... When Talton set out to circumvent the U.S. Treasury's security measures, he had no experience in counterfeiting, printing, or graphic design, and he didn't even own a computer. His first attempts [...]

SQL Injection used to steal 130,000,000 credit card numbers at Heartland

SQL Injection used to steal 130,000,000 credit card numbers at Heartland

Officials say it is the biggest case of identity theft in American history. They say Albert Gonzalez, 28, and two un-named Russian co-conspirators hacked into the payment systems of retailers, including the 7-Eleven chain. Prosecutors say they aimed to sell the data on. If convicted, Mr Gonzalez faces up to 20 years in jail for wire fraud [...]

Man finds card skimmer on ATM

Man finds card skimmer on ATM

Dan says over the weekend he discovered a card skimmer attached to the ATM at his local WaMu branch. He pulled it off and took photos of it. This past weekend I went to use the local WaMu ATM to get some cash money. When I walked up to the ATM something struck me as funny…I couldn't quite put my finger on it but the card reader didn't look [...]

Verified by Visa: British banks phish their own customers

Verified by Visa: British banks phish their own customers

Security expert Ben Laurie has a scorching indictment of the "Verified by Visa" program used by British banks. This system is basically the perfect system for phishers and identity thieves, and conditions honest people to behave in foolish ways that leave them vulnerable to having their life's saving taken off of them. "Frame inline displays the [...]

Well at least he is an honest scammer

Well at least he is an honest scammer

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How Viagra spam works

How Viagra spam works

Speaking of \/1@grA, there's no escaping spam these days. Even with the best Bayesian filters, blacklists and other filtering techniques, most of us are still plagued with an endless stream of invitations for all sorts of weird and wonderful products and services. One of the most common forms is advertising for pharmacological products - and [...]

Pimps Go Online to Lure Kids Into Prostitution

Pimps Go Online to Lure Kids Into Prostitution

She was a 16-year-old California girl looking for trouble on MySpace; he was a 22-year-old self-described pimp who liked the revealing photos she posted to her profile. Three weeks after they met on the social networking site, they were arrested together in real life outside a cheap motel in Sacramento, 50 miles from her home. She was turning [...]

The house that Best Buy built

The house that Best Buy built

Russell Cole once called his extravagant Deerfield home "the house that Best Buy built," according to federal court documents that outline how more than $31 million allegedly was swindled from the national retail giant. The $2.75 million that Cole and his wife, Abby, used to buy the land and build their two-story house with its distinctive [...]

Suburban gold-selling “Tupperware parties”

Suburban gold-selling “Tupperware parties”

The LA Times reports on people who host Tupperware-style parties where cash strapped people bring their gold jewelry to a house and sell it to an assayer who rakes in a 35% vigorish. This must be an extension of the Cash4Gold folks... The party Geivet attended at the Aliso Viejo home of Mary-Margaret Fincher is a twist on the old suburban [...]

Rob Cockerham writes article critical of Cash4Gold then gets offered cash to kill story

Rob Cockerham writes article critical of Cash4Gold then gets offered cash to kill story

An amazing story from amateur sociologist Rob Cockerham of Cockeyed.com. In short, Rob wrote a funny article about the questionable practices of Cash4Gold, a company that offers money for gold jewelry and coins you send them. Rob's article was picked up by the The Consumerist, and his article shot to the top of Google for searches on Cash4Gold. [...]

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