Word: fraud
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Dates: during 1990-1999
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...wait: Visa reports that roughly 8 cents of every $100 spent online is lost to fraud - more, if only slightly, than the 7 cents per $100 lost in the bricks-and-mortar world. So why shouldn't consumers be concerned? Answer: The perpetrators, by and large, are not hackers snatching credit-card numbers out of cyberspace. Typically, they tend to be the same old Dumpster divers and mail thieves they've always been, stealing card numbers off receipts and bills and then trying to pass as the cardholder. And if they succeed, who gets hurt? Not consumers. Federal law limits...
...violence, has not changed over time. Just last year, Sharpton supported and then spoke on the stage of a hate rally in Harlem featuring Khalid Muhammed, whose bigoted remarks about "faggots," Roman Catholics, their "cracker" Pope and "peckerwood Jesus" and the "hook-nosed, bagel-eating, lox-eating, perpetrating-a-fraud so-called Jew" were too much even for Louis Farrakhan's Nation of Islam, which fired him as spokesperson. The rally ended with--what else?--a riot...
...celebrated suit brought by the supermarket chain Food Lion against ABC has frequently been misrepresented as a grand constitutional battle, a conflict over whether the First Amendment lets reporters commit fraud. The recent federal appeals court decision throwing out almost all of the damages against ABC represents a narrowly and wisely drawn opinion that protects press freedoms without giving the news media an open license to violate...
...claimed any specific damages a result of the fraudulent applications filed by the reporters. Food Lion could identify no problems with the reporters' work; indeed, they both received positive reports from their supervisors, one of whom recommended that the reporter be rehired. Because North and South Carolina laws on fraud required such damages, the claim of fraud--and the $300,000 judgment attached to it--was denied...
LOSING YOUR NAME In 1997 some 350,000 people called Trans Union, one of the three big credit bureaus, to report identity theft. It's a growing problem, and Travelers now offers its policyholders identity-fraud insurance. For $25 a year, the policy provides up to $15,000 in coverage for lost wages, expenses and legal help needed to clear up credit reports and red tape--something self-employed or hourly workers may consider. To be safe, check your credit report every six months and shred financial data before dumping them. For more safety tips, see www.consumer.gov...