Tuesday, July 04, 2006 - Posts

Something-for-nothing

An extremely well written story in today’s NYTimes about that subject we all here about too often, but never quite get all the details.

Stolen Lives
Identity Thief Finds Easy Money Hard to Resist
By TOM ZELLER Jr.

Free MP3's, free software and free everything.....People work really hard for eight hours a day and make minimum wage. And he knows he can get out and make the same thing with the computer in half an hour.....what a great country this is.

Did you know that CitiBank recently had a major breach of security; thousands of Credit Card numbers were compromised.

I heard at dinner last night how a relative of mine received a taped phone message from CitiBank asking him for his zip code, he hung-up and called CitiBank directly. It was then he learned that his Credit Card and thousands of others needed to be canceled and replaced immediately.

I have searched in all the usual places and cannot find any mention in the media about this incident.

Have you ever had the feeling that the Banks are working with the identity thieves?

How about merchants who sell high ticket items, buying a new Acura RSX with $27,000 in cash – no questions asked – thank-you for shopping with us!

The Federal Government’s Department of Social Security has to be aware that our Social Security numbers are NOT secure, so why don’t they issue each and every American with a PIN number?