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This fraudster was able to fool financial regulators because they are still using 1930s pen and paper technology to handle today's digital challenges.
This fraudster craves the respect of his colleagues to bolster his own ego or perhaps to bag a promotion.
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He also claims this helped the fraudster's crooked investment scheme survive much longer than it should have.
Hehehe!
The bank says they would never ask someone to use a card-reader over the phone - the fraudster had done this, and I did use it.
Once you've handed over your details in this way, fraudsters log in and send advertising messages to your friends.
This allowed fraudsters to use the personal details of more than 7,000 individuals to successfully apply for loans amounting to millions of pounds.
This provides fraudsters with a greater opportunity to misuse people's credit histories where addresses have not been updated, says Experian.
This enables fraudsters to tell their victims that a safe bank account has been set up in their name, and to persuade them to move their money into "their" account.
"The only jobs that are really going to benefit from this are fraudsters, shills and Wall Street analysts".
In this scam, fraudsters forge counterfeit e-mails with corporate logos in an effort to fool victims into logging onto bogus Web sites.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com