Fergie's Tech Blog

Corporation Sold Personal Information Of Millions Of Elderly Americans To Known Scam Artists

Charles Duhigg writes in The New York Times:

The thieves operated from small offices in Toronto and hangar-size rooms in India. Every night, working from lists of names and phone numbers, they called World War II veterans, retired schoolteachers and thousands of other elderly Americans and posed as government and insurance workers updating their files.

Then, the criminals emptied their victims’ bank accounts.

Richard Guthrie, a 92-year-old Army veteran, was one of those victims. He ended up on scam artists’ lists because his name, like millions of others, was sold by large companies to telemarketing criminals, who then turned to major banks to steal his life’s savings.

posted by Fergie @ 5/19/2007 05:13:00 PM