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Old 02-01-2002, 07:17 PM  
willow
Confirmed User
 
Join Date: Dec 2001
Location: NY, NY, USA
Posts: 131
Quote:
Originally posted by FloridaKid


You can get everything you need for under a grand
Haa haa he he. OMG. Ha ha ha. Rolling around on the floor....

Some time later.

Here's how it works.
1. You run 1/2 million in Visa/MC on your brand new merchant account using a database that some 12 year old script kiddie just ripped off.
2. Funds get deposited into your account 2-3 days later.
3. You transfer said funds in an offshore account in a country you already own a villa in.
4. You close your merchant account and emigrate.
5. Your poor bank gets 1/2 million in chargebacks plus fines.

So what do you think they do to protect themselves against this. Laaarrrrge deposit required. As the nice man from Epoch said, if it's a high risk account (as is all adult) then forget it.

If netbilling can still do it for a grand, I'll take two
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