Identity Thieves Can Max Out Your Credit Cards in Less Than Two Minutes
Identity thieves can deplete your available credit in no time. Dateline recently tried an experiment and documented it on video to test just how quickly sophisticated identity thieves could operate. It teamed up with a major credit card company which issued a couple of genuine credit cards under fake names. Then Dateline, with an identity theft expert posing as a thief, posted the bogus credit cards in underground chat rooms on the Internet. A fraud investigator for the credit card company monitored how much time it took for a thief to use the fake cards and max out the cards’...
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