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Eric Drew
Credit Card Companies Accomplices in Millions of Identity Theft Cases Alleges Eric Drew
November 9th, 2008
Every year millions of Americans are the victims of identity theft, and in a lawsuit filed against major credit card companies, identity theft victim Eric Drew claims that the credit industry is facilitating the crimes. By attempting to maximize profits by fully automating their identity verification systems, credit card companies such as Bank of America, Citibank and Chase are knowingly fostering rampant fraud and forcing their customers to deal with the results of their irresponsible credit card issuing practices. Criminals armed with only a few pieces of personal information such as an address and a social security number are able to fraudulently apply for credit...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-09)
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