Friday, May 10, 2013

GANGSTERS STEAL $45 MILLION FROM PREPAID DEBIT CARDS



From THE DRUDGE Report and Associated Press:  “A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday - and outmoded U.S. card technology may be partly to blame.

“Seven people are under arrest in the U.S. in connection with the case, which prosecutors said involved thousands of thefts from ATMs using bogus magnetic swipe cards carrying information from Middle Eastern banks. The fraudsters moved with astounding speed to loot financial institutions around the world, working in cells including one in New York, Brooklyn U.S. Attorney Loretta Lynch said.  She called it ‘a massive 21st-century bank heist’ carried out by brazen thieves.”

COMMENTS:
What the story doesn’t tell you is that banks have you sign an ACH agreement that says, in essence, they are not responsible for unauthorized ACH withdrawals from your account unless you specifically have refused to allow such transactions. 

TODAY’S QUERIES & ANSWERS:
Q. Now that the Arias verdict is in, what are your thoughts?  (Clarice ~ Milpitas, CA)
A. In a truly just society, she should have been summarily marched out of the court room and straight to the firing squad, manned by life members of the NRA.  Is there anyone out there who believes that this murder would have been prevented had there not been a gun available? 

Q. Why aren’t more Americans raising hell about the new ObamaCare law?  (Brandy ~ Williams, AZ)
A. Believe it or not, a recent survey reflects that 42% of Americans don’t realize that ObamaCare has become the law of the land.  Of those aware of the act and the fact it is now law, only 35% view it favorably.  I think it’s a matter of ignorance.  What we need to do is to reach that 42% and explain not only the facts of ObamaCare, but the facts of Obama in particular.  Are you willing to jump in and help to do that? 

Q. Do you think the Benghazi Massacre could have been prevented?  (Terry ~ American Falls, ID)
A. Yes, absolutely.  All other countries with embassies or consulates there had packed up and left.  We had warnings that some attack was imminent.  Ambassador Stephens requested additional security and was denied.  Once the attack was under way, military assistance was refused.  If this doesn’t add up to a deliberate massacre of those at Benghazi, what does?  The major and crucial question that has not yet been asked is: Why did we allow them to be massacred?  Why?

TODAY’S QUOTE:
“It's impossible to consider living without ideals. However, when ideas lead to ideology, that's a very dangerous thing. Ideology then leads to creating the image of an enemy, and it leads to the murder and massacre that we've seen since the beginning of time.” ~ Michael Haneke

TODAY’S VIDEO:


No comments:

Post a Comment