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I commend the people doing this. Credit card companies and banks have been pushing the burden of identity theft onto the consumer for way too long, a burden tha
by mnm1 9y ago
I commend the people doing this. Credit card companies and banks have been pushing the burden of identity theft onto the consumer for way too long, a burden that clearly is the bank's fault in every single case. Maybe now they'll start to take fraud seriously. I hope more shadow id theft happens until the banks start doing their duty and protecting customers. The more money they lose, the better it is for everyone else. Thank you, synthetic id "thieves."
- Arubis 9y agoAgreed. Further, I hold onto some hope that there’s still a window to change the public discourse around the terminology. There should be no such thing as “identity theft”, as that pushes the burden of the actual crime (defrauding creditors) onto a non-acting third party. It is creditor’s responsibility to verify the safety of their investments.
- empath75 9y agoYou should be able to sue banks if they fraudulently extend credit to someone else in your name. It's not your fault that their identity verification methods are terrible.
- mnm1 9y agoHow is this not already possible?