FBI Says Wire Fraud Scam Sending Millions To China 125
Trailrunner7 writes "The FBI is warning businesses about an ongoing spate of attacks that are stealing millions of dollars from companies through unauthorized bank transfers to Chinese companies. The fraudulent wire transfers are not a new tactic, but the FBI says the current round of attacks is notable in that virtually all of the transfers are going to shell companies based in China and have cost U.S. businesses $11 million. The FBI said that many of the cases it has seen involve well-known pieces of malware, such as Zeus, SpyEye and others. The amount of money the attackers try to transfer varies from $50,000 up to nearly $1 million."
Re:Can figure this one out. Quite explicable. (Score:3, Insightful)
Seriously, I invite you to learn what communism is supposed to be. If you spend even a little time learning about that and about human behavior, especially from a sociological perspective, you will see pretty clearly that communism is a huge lie that can never happen because people are involved.
The same can be said for Libertarianism. Both belief systems are based on fundamental misunderstandings of human nature: communism is founded on the notion that workers are somehow less corrupt and greedy than the rich and the despised middle class, libertarianism on the concept that humans will somehow behave at all times, in regards to all decisions, in a thoroughly rational manner, based strictly on their own self-interest, particularly where money is concerned. Both are utterly laughable ideas. The first would qualify as charmingly naive, were it not for the millions persecuted, imprisoned, and killed by so-called "communist" regimes that were, at best, merely industrial-grade authoritarianism dressed up in socialist clown suits. (Since there never has been - and never will be - a Libertarian paradise on Earth, the Libertarian delusion actually does qualify for the "charmingly naive" sobriquet.)
Greed and selfishness are permanent features of human nature. Any political theory that denies that fact is predestined to fail. Likewise, humans are stubbornly irrational critters, prone to making decisions for silly, provably-wrong, and/or strictly emotional reasons that wind up being completely contrary to their personal self-interest. And any political theory that studiously turns its pretty head away from THAT fact is, likewise, doomed from the git-go to fail hilariously.
Re:Obama's warning.. (Score:4, Insightful)
Do you just make stuff up?
Under W the yuan moved from 8.27 per USD to 6.84 per USD or a rise of 21%.
Under Obama it's moved from 6.84 to 6.53 or a rise of 5%.
of course Obama has had less time, but it wasn't unpegged until mid-2005 and the highest rate of increase was during W's time.
And of course this isn't really the Yuan slowly rising, it's the dollar falling. Since Obama's been in, sure the Yuan has risen against the US Dollar. But it's fallen aginst the Aussie Dollar, it's fallen against the Euro, it's fallen against the Japanese Yen. It's fallen against the British Pound. And so on and so on. Making your own currency fall is trivial, just print more of it (see QE1 and QE2).