Fraud Files: LifeLock Barred From Lying to Consumers
Identity-theft protection firm LifeLock is famous for printing its CEO’s Social Security number in its ads. But the FTC has come down hard on LifeLock for making false claims in those ads, and as fraud expert Tracey Coenen explains, the company offers only the illusion of protection.
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Fraud Files: LifeLock Barred From Lying to Consumers originally appeared on DailyFinance on Fri, 19 Mar 2010 09:24:00.
Filed Under: Company News, Columns, People
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Fraud Files: LifeLock Barred From Lying to Consumers
Tags: 1-2-billion, 1-8-billion, consumers, fraud-files, identity theft, investing, people, protection-firm, tracey-coenen, warner
Target Named as Victim of World’s Greatest Identity Thief
Dec 30, 2009 Object
Florida-based computer hacker Albert Gonzalez pleaded guilty Tuesday to a third set of charges related to the largest identity theft scheme in U.S. history. Gonzalez stole information connected to more than 130 million credit and debit cards from five companies, including Heartland Payment Systems (HPY), Hannaford Brothers supermarkets, 7-Eleven and two major unnamed national retailers.
Shortly after the hearing on Tuesday, Reuters identified Target (TGT) as one of the retailers affected, though Target said the breach lasted only a short time. U.S. Attorney Erez Liebermann said in August that the vast majority of the stolen card information came from Heartland Payment Systems.
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Target Named as Victim of World’s Greatest Identity Thief originally appeared on DailyFinance on Wed, 30 Dec 2009 11:30:00.
Filed Under: Economy, People, Target Corp.
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Target Named as Victim of World’s Greatest Identity Thief
Tags: a-short-time, a-third-set, albert-gonzalez, computer-hacker, filed-under, gonzalez, heartland, heartlandpaymentsystems, identity theft, identitytheft, news, said-the-breach, target-corp-, thief
Mini-Madoff: How a Pennsylvania matron stole identity, thousands
Over the past year, as high-profile scam artists like Bernie Madoff, Allan Stanford, and Danny Pang were unmasked as frauds, we seemed to be entering a golden age of weakness and immorality. But while they were busy stealing attention and money, scores of small-time, small-town crooks escaped widespread notice.
In any ordinary news season, the face of Bonnie Sweeten — hardworking blonde suburban mom of three daughters and unlikely identity thief — would have been plastered on the cover of every gossip magazine in the supermarket. Long before she pleaded guilty to misdemeanor charges of identity theft and filing a false report, her neighbors in the Philadelphia suburb of Feasterville knew the 38-year-old Sweeten as the perfect friend: honest, caring, trustworthy. By pleading guilty, she has followed in the footsteps of fellow schemer Madoff; like him, she has ensured that the details of her sordid story will never be fully unraveled.
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Mini-Madoff: How a Pennsylvania matron stole identity, thousands originally appeared on DailyFinance on Wed, 23 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.
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Mini-Madoff: How a Pennsylvania matron stole identity, thousands
Tags: bernie-madoff, footsteps, grandfloridian, identity theft, india
Bernanke’s other banking problem: Identity theft
Filed under: People
Some critics of recently reappointed Federal Reserve Chairman Ben Bernanke argue that he was too slow to realize that the financial system was teetering on the brink of collapse during 2008. But Bernanke might have had another, more personal banking issue on his mind at the time, Newsweek reports: his wife Anna’s purse was stolen in August 2008, and the thieves used its contents to access the couple’s joint checking account.
A court affadavit filed in June shows that 10 people are charged in the fraud, which used the Bernankes’ bank account to inflate the value of other accounts that then had money withdrawn from them. The 22-page document identifies a victim known as “B. B.,” who had $900 stolen from his account, but another complaint against one of the alleged members of the ring used Ben Bernanke’s full name.
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Bernanke’s other banking problem: Identity theft originally appeared on DailyFinance on Wed, 26 Aug 2009 17:10:00 EST. Please see our terms for use of feeds.
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Bernanke’s other banking problem: Identity theft
Tags: a-friend-via, bernankes, brands, chairman, complaint, entry, identity theft, identitytheft, johnf.kennedy, laser-printers, mind, news, other-banking, time
Hacker who aided Feds charged in theft of 130 million credit card numbers
Aug 18, 2009 Object
Filed under: Technology, People
Albert Gonzalez, a 28-year-old computer hacker, was indicted yesterday for stealing 130 million credit card numbers, topping his previous record of allegedly stealing 40 million credit card numbers in a series of Wi-Fi based intrusions of U.S. retailers, including TJ Maxx, Office Max and DSW. Gonzalez, known on the internet as “soupnazi,” worked as an informant for the Secret Service in 2003 to help expose credit identity thieves.
The Justice Department’s latest charges involving 130 million credit card numbers stolen between 2006 and 2008 will have to wait until two other cases against Gonzalez are heard. Gonzalez has been in custody since May 2008, when he was arrested for stealing credit card data at Dave & Buster’s. He was also indicted in another identify theft case, including data breaches at T.J. Maxx. He is awaiting trial in New York on the Dave & Buster’s case, then will face trial in Massachusetts on the T.J. Maxx breach, before he will face trial in New Jersey on the latest breach.
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Hacker who aided Feds charged in theft of 130 million credit card numbers originally appeared on DailyFinance on Tue, 18 Aug 2009 13:00:00 EST. Please see our terms for use of feeds.
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Hacker who aided Feds charged in theft of 130 million credit card numbers
Tags: credit cards, entry, heartland, identity theft, identitytheft, in focus, including-data, jersey-on-the, previous-record, secret, secret-service, verizonwireless, wireless
