Re:Ask HN: Why hasn't the ACH system been more abused?
by permo-w on Monday August 29, 2022 @06:34PM
(#32644429)
no one said they can’t, just this is largely why they don’t. are you going to rob a supermarket where you have to hand in ID at the door? or will you find somewhere easier?
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Re:Ask HN: Why hasn't the ACH system been more abused?
by rosnd on Monday August 29, 2022 @06:37PM
(#32644452)
https://www.nbcnews.com/news/world/margaritas-story-how-one-...
https://www.ice.gov/news/releases/russian-man-pleads-guilty-...
They do this, at giant scale. When you're earning tens of thousands of dollars per account, it's worth it to train people to go open bank accounts using fake passports.
Re:Ask HN: Why hasn't the ACH system been more abused?
by SilasX on Tuesday August 30, 2022 @10:41AM
(#32651066)
That my point: “it’s easy to catch and enforce” would be the relevant fact to lead with, not “duh it’s illegal silly!” The latter is true for a lot of things that aren’t enforced, and is really condescending to start with.