Phishing and corruption in the U. S. banking system

10:30AM, this morning….

You receive this offer in your email, offering a great product for an
amazing price, or saying you need to update your on-line bank info from
Bank One, or something equally obnoxious. You click the
link.

The website asks you for your email, CC # and some other types of
verifying information (SS#, Drivers ID, Mother’s Maiden Name,
etc). You really don’t think anything of what’s going on, because
the site looks JUST like Bank One, so it must be Bank One..right?
Days past, and nothing happens…

A few weeks later, you pick up your mail. You notice here is a
charge on your credit card statement from “Hot Swedish Teens” for $49.95. You begin to
freak out, then realize that you had probably been..well..had.

What to do…

Different ways to handle this begin to circulate in your head.
Contact the bank to dispute the charge..oh god….I can’t let my wife
see that… That’s out.. Well, it’s only $49.95…big deal,
as long as it doesn’t happen again.. I’ll just let it
slip.. So, a check is written and quietly mailed and nothing is
ever said…

Is this you or someone you know? Tell me what’s wrong with this
picture, besides the obvious? Well, as far as the bank was
concerned, it was a legitimate transaction with no dispute or
signature. Bank One happily collects it’s credit card percentage
fee, and then transfers the rest of the money into some account in
Bendoveristan. Wanna bet this doesn’t happen a thousand times a
day? 10,000 times? How about an hour?

Now, explain to me again why any bank would want this exposed
and have what I am sure is massive cash flow decrease or cease?
Wanna bet which bank is first to fall on the sword and say this is a
real problem? Sucker’s bet..

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