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I often wonder why credit card companies send blank checks in plainly marked envelopes to their customers, many of whom are already firewalled on their credit limits anyway. And I wonder how it works for the other victim of the fraud: the merchant who accepts the bogus money. Do the card companies stick them for part of the bill? Are such losses tax deductible?

One in six adults in Arizona had their identities stolen in the last five years, about twice the national rate.

Tue, 30 May 2006 07:06 /Technology | 1 writeback | permanent link