April 15, 2003
ST. PETERSBURG TIMES WEIGHS IN ON FRAUD
In an excellently written article in today's St. Petersburg Times, staff writer Jeff Testerman calls our attention to a Tampa, Florida-based Internet company that promises to provide "phony but authentic-looking pay stubs" to anyone who's willing to pay. From today's St. Petersburg Times:
On its Web site, the company says you might need its product if you're depressed about your lousy income and want to "look like you make big bucks." It also suggests buying a fake pay stub if "your spouse thinks you've been at work and you need proof." But a real estate industry watchdog and a federal lawsuit against the company call it an invitation to lending fraud.
The outfit Testerman refers to in the article is but one of many shocking examples of companies that are making considerable sums of money by aiding in practices that are criminally deceptive. Oftentimes, their offices bounce from state to state in an effort to find a state with a degree of ignorance or tolerance for their shady activities.
Click here for the entire article, which includes a few quotes from your's truly. And remember, since committing fraud is no accident, preventing it shouldn't be one either!
Posted by Mikal at April 15, 2003 9:44 AM
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