Re:‘Catch Me If You Can’ Scam Artist Has a Warning for Today...
by wmf on Friday September 22, 2017 @09:08PM
(#15317406)
I'm not a cybercrime expert, but AFAIK once the fraudulent ACH goes through it's a matter of cashing out the money (to literal cash or resalable goods) before the ACH is inevitably reverted. This leaves the recipient account with a negative balance so it can basically only be used once.
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Re:‘Catch Me If You Can’ Scam Artist Has a Warning for Today...
by hydrogen18 on Saturday September 23, 2017 @09:14AM
(#15319582)
That's pretty much it exactly. You use two stolen accounts. One with a large balance, one without. ACH from one to the other with a fraudulent. Hire someone to go into the bank in person and withdraw cash. You're done.