Yes, Even a Reputable Dentist Can Commit #IDTheft From Right Under Your Nose

This story will puzzle you — because it's ludicrous. Absolutely ludicrous. But it DID happen. And, luckily, the damage was minor, but this prove to you just how unexpected identity theft can be. You don't have to be a real "criminal" to commit to it.

You can be Dr. Richard Ludwig, a dentist making upwards of $4MM and with $250 in cash in pocket; yet this genius was absolutely dumb enough to steal a poor man's credit card accidentally dropped onto a parking lot after leaving the site and use it buy $40 worth of pizzas.

Of course, the unsuspecting victim found out that he was missing his credit card and then reported the plastic stolen. Yet the credit card company notified him that the card was already used. Needless to say, the victim reported the crime to the authorities and the cops showed up at the pizza place to find the dumb dentist Ludwig still waiting for his pizzas to bake.

Ludwig was apparently charged with three felonies, a consequence that could land him in jail for up to 15 years. All of that for just $40 worth of pizzas.

And he honestly could've paid for them himself!

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By now you’ll agree that the saga that is Star Wars is itself a number of identity theft stories rolled into one. That should tell you something!

The post Yes, Even a Reputable Dentist Can Commit #IDTheft From Right Under Your Nose This story will puzz… appeared first on INTERNET LEGAL PLANS.

Why Businesses Need to Get Ahead With Credit Card Chip Technology

Posted by wpadmin | Posted in Finances, Taxes | Posted on 09-02-2016

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Forget the fact that the transition’s happening right now as we speak. Forget the fact that even consumers are a bit wary despite the fact that there are these reasons why people shouldn’t worry. The new credit card chip technology, EMV, is coming. It most definitely will stick. It will stay. And while it’s going to be a long transition (imagine how many stores in the entire nation will have to be fitted with these new credit card reading machines), and card companies will be slowly rolling out these new bad boys, the fact of the matter is this — businesses are straggling to catch up.Read More →

The post Why Businesses Need to Get Ahead With Credit Card Chip Technology appeared first on Cloud Based Bookkeeping.

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