[Mmccqrtb]

what I'd like to know is why we cant sue financial institutions that let people steal our money.

[gariharlj]

The principle in those cases should be caveat emptor.

If you give a loan to somebody and it turns out it wasn't really them then it should be your tough luck, not that of the person whose name the criminal used.

Anything else is ridiculous.

[molaunterbizone]

I know they are. I think it's ridiculous. **** the banks. They should have done their homework. If that's too hard then they can force people taking out loans to buy fraud insurance.

[Aagotiq]

Originally posted by KrazyHorse
I know they are. I think it's ridiculous. **** the banks. They should have done their homework. If that's too hard then they can force people taking out loans to buy fraud insurance. What I find funny is that bill collectors can find the real person, but the people forking over 100's of thousands of dollars can't be bothered to verify who they are dealing with.

I agree with you. **** 'em. They were careless. They lose.

[bestformaldress23]

Originally posted by Zkribbler
One of the local news shows here is carrying a story about one of their reporters who cut up five credit card applications, then taped them back together, filled them in writing around the tape (as if she were an identiy theif), and mailed in the dirty, messy, taped-together applications. She got back three credit cards with no questions asked.

She even had one mailed to an address at which she has never lived. The bank said it did so as a convenience to their customers.

One bank says it has a vigorous screeming process...which obviously was not followed.

Link to story holy ****. that's horrible. I always figured up ripping up my applications would be good enough.

Although I do recommend the opt out program. Similar to the do not call list. They will not send you credit card applications (though I still get some occasionally, but better than the 3 a week I was getting).

[ethigSmimbine]

As ID theft is big on security field, I'd say while that is amazing, that's still in the lower echelons of how easy and what you can do with it and not get caught. But yeah, scary.

[Sttim]

Smells fishy.

[dosugxxx]

Originally posted by SlowwHand
Bankers, and used car salemaen have a special reserved area in Hell.

Spec.