WHID 2008-31: Hacker takes $50,000 a few cents at a time
Californian Michael Largent used an automated script to open 58,000 such accounts, collecting many thousands of the small payments used to verify credit cards when openning accounts.
Additional information:
- Hacker takes $50,000 a few cents at a time [PC Pro, May 28 2008]
- Man Allegedly Bilks E-trade, Schwab of $50,000 by Collecting Lots of Free 'Micro-Deposits' [Wired, May 27 2008]
- Secret Service search warrant affidavit [Secret Service, May 7 2008]
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