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FTC: A Bad Company, Involved In $275 Million Scam

Thursday, June 16, 2011 - 10:51 AM
It didn't seem kosher to start with, but few would have guessed that a website called actually was the Internet version of a menacing bully, enforcing what federal regulators contend was a mammoth scam that ensnared millions of credit card holders -- and kept them trapped.

Federal agents say it worked, brilliantly and maliciously, for four years.

The cyberbullying billing scam siphoned at least $275 million from the accounts of about 5 million credit card holders and bank customers between 2006 and late 2010....

WhataBummerWhataBummer413 posts since
Oct 15, 2010
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