4 ms·
How is it any different than writing a check? All of the same information is there, namely ABA routing number and account number.
by presto8 15y ago
How is it any different than writing a check? All of the same information is there, namely ABA routing number and account number.
- dpark 15y agoI answered that. http://news.ycombinator.com/item?id=3239600 http://news.ycombinator.com/item?id=3239600
- presto8 15y agoMy apologies for being redundant, then! I have a hunch that the penalties for check fraud are disproportionately severe compared with crimes of a similar social impact. I wonder if the same would be true with ACH transfers. My point is that governments take bank crimes seriously as prosecute them aggressively.
- dpark 15y agoNo worries. I'm sure that the penalties for check fraud are quite high. Nonetheless, I don't want to be a victim of check fraud. It's a massive amount of hassle when you have to fight financial fraud, and sending the criminal to jail doesn't change that.