Posted on 04/03/2012 8:51:08 AM PDT by Lorianne
bkmk
Everybody better check their statements carefully, LOL!
Imagine the horror of discovering you had inadvertently contributed even a couple of bucks to his campaign!
Yep.
A big one.
1.5 million credit cards have been compromised by a data breach that occurred early March at a credit card processing company.
VISA
http://www.montgomeryadvertiser.com/article/20120403/BUSINESS/304030004/Data-breach-has-Visa-reeling
.
Here we go again...
This is however, a good way to make millions of dollars of illegal contributions look like many millions of legitimate credit card contributions that never even went to the credit card company for clearing, and because of the low transaction amount they are not subject to campaign contribution auditing requirements. The cash they already have on hand from Soros or whoever, gets laundered and shows up in the campaign coffers.
Can we just make up a credit card number?
Can we donate $1,000,000,000,000 to Obama?
http://money.cnn.com/2012/03/30/technology/credit-card-data-breach/index.htm
Looks like little bammy's crew has "gone fishin'"
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Uh no. The credit card company doesn’t decide whether you need the CCV (security code). That is at the discretion of the merchant.
The scam is that by not verifying the billing information matches the credit card information a user can make hundreds of donations, each below $200, under made up names. This allows them to circumvent the limits on contributions and the laws against foreign donations.
However it is NOT illegal and does not require any action on the part of Zero’s campaign.
See my post #25. They will indeed be making up credit cards numbers up because there will be no oversight or audit afterwards, and using legit cards numbers without the owners knwoledge will raise problems down the line. They will keep track of their legit credit card donations to be able to produce a sampling and say ‘See, check this random sampling, they are all legitimate!’.
Are you sure about this?
Several articles claim the charges go through.
I have no idea how to verify either claim.
Thanks
bump
Good Lord!
Thanks for the links
IIRC, the FEC decided that in re the 2008 issue, it wouldn’t have changed the election, so no problem. I could be wrong, but that is my memory of it.
Sorry, you’re correct about the CVV, but they could do both scams simultaneously, no? A superficial audit could be responded to with a set of unique legit card numbers as proof of legitimacy, while a software program is generating thousands of bogus contributions that never even hit the credit card companies (seems more likely than someone who wants to donate a $100,000 sitting there and making 500 contributions online). Of course a software program could also be set up to make the 500 legit donations.
Just pinged Rush.
Crank up that email folks, they can be caught this time.
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I wouldn’t put anything past him. I wonder why all those “campaign finance reform” yahoos haven’t closed this “loop-hole” since 2008?
The most ILLEGAL presidency in history.
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