Porn Chief Caught In $38 Million Credit Card Scam
from the one-way-to-get-rich dept
In what seems like one of the most stupid fraud scams around, an online porn website owner who was charging $20 a month for access to his content, decided he needed to make more money. Instead of doing what a good business person does (find more customers) he bought a list of credit cards and automatically added them to his customer list. He assumed that most people don't check their credit card statements, and apparently he charged 800,000 credit card owners the $20. Eventually (of course) someone caught on. I'm a little surprised that he got away with it enough to chage that many credit cards. You would think someone would have noticed this earlier.
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