Identity Theft

Discuss all of your Banking, Finance and "Money" related issues here.

Identity Theft

Postby gepisar » Sun Nov 01, 2009 9:38 pm

Axiom in law: "let him who be fooled, be fooled"

A friend had their identity stolen over the weekend and nearly 1,000GBP taken from the bank account.
I find several things interesting:

My friend spotted this on the SAME day it occured:

1> My friend spotted the theft before the bank. The bank could not do anything since the transaction had been authorised.
2> The retailer could not stop it, as the bank had authorised the payment.
3> The bank accused my friend having poor laptop security and advised taking the laptop to a security expert for forensic examination.
4> Identity theft is big business - you can apparently insure against it.
5> the police wouldnt get involved until the crime had completed.

[I guess the police are learning about contracts: "Well, sir, there is a difference between IN PROGRESS and OCCURRED and until the thief has COMMITTED the act, the contract isn't binding" (!)

WAIT A MINUTE!!!!

This is a big FKN jump! Identity theft!!!???

My identity is the real one. All others are fake. If the bank was fooled by someone else pretending, or their security check and procedure lax enough to allow an imposter control of said bank account, what THE FUCK has that to do with me?

What mis-nomer!

We are now expected to insure the bank against their own losses for their own mistakes?

Takes the piss...
Poor is the man whose pleasures depend upon the permission of another.
"Paper money eventually returns to its intrinsic value - Zero" - Voltaire 1729
User avatar
gepisar
Moderator
Moderator
 
Posts: 499
Joined: Tue Aug 25, 2009 12:11 am
Location: Near Surrey

Re: Identity Theft

Postby holy vehm » Mon Nov 02, 2009 9:08 am

I bet you can insure against it, they allow just enough to happen to frighten people into buying the insurance at inflated costs making them even more profit.

hv
"A ruler who violates the law is illegitimate. He has no right to be obeyed. His commands are mere force and coercion. Rulers who act lawlessly, whose laws are unlawful, are mere criminals".
User avatar
holy vehm
Moderator
Moderator
 
Posts: 3077
Joined: Fri Oct 02, 2009 7:17 pm
Location: http://www.fmotl.com/forum/viewtopic.php?f=45&t=9142

Re: Identity Theft

Postby gepisar » Mon Nov 02, 2009 10:40 am

holy vehm wrote:I bet you can insure against it, they allow just enough to happen to frighten people into buying the insurance at inflated costs making them even more profit.

hv

Yes you can buy ID theft insurance!!! My point!
Poor is the man whose pleasures depend upon the permission of another.
"Paper money eventually returns to its intrinsic value - Zero" - Voltaire 1729
User avatar
gepisar
Moderator
Moderator
 
Posts: 499
Joined: Tue Aug 25, 2009 12:11 am
Location: Near Surrey


Return to Banking Crime

Who is online

Users browsing this forum: No registered users and 2 guests