secrets-of-a-former-credit-card-thief: Personal Finance News from Yahoo! Finance

secrets-of-a-former-credit-card-thief: Personal Finance News from Yahoo! Finance

It is quite a scary story to read about how this former credit card thief managed to gather credit card information and personal ID. The methods revealed are still largely in use today by criminals.

"DeFelippi, 29, mostly made fake credit cards with real credit card information he bought online. "I would make fake IDs to go with them, and then I'd buy laptops or other expensive items in the store and sell them on eBay," he says. DeFelippi was also involved in several other kinds of scams, including phishing schemes that exploited AOL and PayPal customers. Committing credit card fraud is still "ridiculously easy to do," he says. "Anyone with a computer and $100 could start making money tomorrow." "

He answered a lot more questions that is really interesting and practical to know. Read it.


secrets-of-a-former-credit-card-thief: Personal Finance News from Yahoo! Finance

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