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  3. Not only are you a crook...

Not only are you a crook...

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  • T Offline
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    Tim Smith
    wrote on last edited by
    #1

    but you are STUPID TOO!!! Workers Accused of Credit Union Theft [^] In one of the largest fraud cases resulting from the terrorist attacks, thousands of people are accused of using ATMs to steal $15 million from a municipal employees' credit union whose computer security system was damaged on Sept. 11. Duhhhhhh, they will never trace this back to me... According to authorities, a 54-year-old nurse made 54 cash withdrawals from Sept. 18 to the end of October, leaving her with a negative balance of $18,111. Duhhhhhhh Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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    • T Tim Smith

      but you are STUPID TOO!!! Workers Accused of Credit Union Theft [^] In one of the largest fraud cases resulting from the terrorist attacks, thousands of people are accused of using ATMs to steal $15 million from a municipal employees' credit union whose computer security system was damaged on Sept. 11. Duhhhhhh, they will never trace this back to me... According to authorities, a 54-year-old nurse made 54 cash withdrawals from Sept. 18 to the end of October, leaving her with a negative balance of $18,111. Duhhhhhhh Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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      Nish Nishant
      wrote on last edited by
      #2

      I dunno about the rest of you guys, but I found it hilarious. I couldn't believe that it actually happened. It's more as if it came out of a what-a-cartoon cartoon episode :-) Nish


      Author of the romantic comedy Summer Love and Some more Cricket [New Win] Review by Shog9 Click here for review[NW]

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      • T Tim Smith

        but you are STUPID TOO!!! Workers Accused of Credit Union Theft [^] In one of the largest fraud cases resulting from the terrorist attacks, thousands of people are accused of using ATMs to steal $15 million from a municipal employees' credit union whose computer security system was damaged on Sept. 11. Duhhhhhh, they will never trace this back to me... According to authorities, a 54-year-old nurse made 54 cash withdrawals from Sept. 18 to the end of October, leaving her with a negative balance of $18,111. Duhhhhhhh Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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        Joao Vaz
        wrote on last edited by
        #3

        This is the master piece: Credit union officials soon realized they could not properly monitor the computer network that handles automated teller transactions. But they decided to allow withdrawals without the normal banking safeguards so they would not offend members affected by the tragedy. Duuh , so they trust people ???? :eek: Cheers, Joao Vaz And if your dream is to care for your family, to put food on the table, to provide them with an education and a good home, then maybe suffering through an endless, pointless, boring job will seem to have purpose. And you will realize how even a rock can change the world, simply by remaining obstinately stationary. - Shog9

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        • J Joao Vaz

          This is the master piece: Credit union officials soon realized they could not properly monitor the computer network that handles automated teller transactions. But they decided to allow withdrawals without the normal banking safeguards so they would not offend members affected by the tragedy. Duuh , so they trust people ???? :eek: Cheers, Joao Vaz And if your dream is to care for your family, to put food on the table, to provide them with an education and a good home, then maybe suffering through an endless, pointless, boring job will seem to have purpose. And you will realize how even a rock can change the world, simply by remaining obstinately stationary. - Shog9

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          Paresh Solanki
          wrote on last edited by
          #4

          I think they wanted to give people the benefit of the doubt, since they could not rely on their systems and people had enough to worry about. So they tried do do a good deed and some people took advantage. I suspect that if it was only a small amount, they would have written it off Paresh Solanki "To the world, you may be just one person, but to one person, you may be the world"

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          • T Tim Smith

            but you are STUPID TOO!!! Workers Accused of Credit Union Theft [^] In one of the largest fraud cases resulting from the terrorist attacks, thousands of people are accused of using ATMs to steal $15 million from a municipal employees' credit union whose computer security system was damaged on Sept. 11. Duhhhhhh, they will never trace this back to me... According to authorities, a 54-year-old nurse made 54 cash withdrawals from Sept. 18 to the end of October, leaving her with a negative balance of $18,111. Duhhhhhhh Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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            Ryan Johnston 0
            wrote on last edited by
            #5

            And how were the members of the Credit Union to know that it was a glitch in the system, rather than a policy change that allowed them to go into the red? If I over draw my checking account, my bank lets me, but I have to pay them back. I think the bank made a really stupid mistake, but all of these people should be responsible for repaying their debt. Ryan Johnston

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            • R Ryan Johnston 0

              And how were the members of the Credit Union to know that it was a glitch in the system, rather than a policy change that allowed them to go into the red? If I over draw my checking account, my bank lets me, but I have to pay them back. I think the bank made a really stupid mistake, but all of these people should be responsible for repaying their debt. Ryan Johnston

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              Tim Smith
              wrote on last edited by
              #6

              Gee, by systematically withdrawing $500 a day? I think they knew EXACTLY what they were doing. Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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              • P Paresh Solanki

                I think they wanted to give people the benefit of the doubt, since they could not rely on their systems and people had enough to worry about. So they tried do do a good deed and some people took advantage. I suspect that if it was only a small amount, they would have written it off Paresh Solanki "To the world, you may be just one person, but to one person, you may be the world"

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                Joao Vaz
                wrote on last edited by
                #7

                Paresh Solanki wrote: some people took advantage. Sixty-six people have been arrested and 35 more were being sought in the scheme More than some people :) Paresh Solanki wrote: So they tried do do a good deed "This is a prime example of no good deed goes unpunished," Morgenthau said. "People took advantage." He said as many as 4,000 people manipulated the system to overdraw their bank accounts by at least $1,000. Of that group, more than 540 credit union members exceeded their balances by more than $5,000. Money != Trust Unfortunately many people aren't honest at all, so what they expected ? A miracle ? Cheers, Joao Vaz And if your dream is to care for your family, to put food on the table, to provide them with an education and a good home, then maybe suffering through an endless, pointless, boring job will seem to have purpose. And you will realize how even a rock can change the world, simply by remaining obstinately stationary. - Shog9

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                • R Ryan Johnston 0

                  And how were the members of the Credit Union to know that it was a glitch in the system, rather than a policy change that allowed them to go into the red? If I over draw my checking account, my bank lets me, but I have to pay them back. I think the bank made a really stupid mistake, but all of these people should be responsible for repaying their debt. Ryan Johnston

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                  Todd Hoop
                  wrote on last edited by
                  #8

                  Banks (not all) let you overdraw to be nice and to keep your business. Overdrawing is a crime no matter what the amount is and can result in jail time. The town I live in was the first to have ATMs. Back in the early days, people would deposit empty envelopes into the ATM which in turn would allow you to withdraw whatever amount you said you deposted. Didn't take long for the bank to stop that scam. I am still amazed someone thought they could get away with the 9/11 scam...

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                  • T Tim Smith

                    Gee, by systematically withdrawing $500 a day? I think they knew EXACTLY what they were doing. Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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                    Ryan Johnston 0
                    wrote on last edited by
                    #9

                    Tim Smith wrote: I think they knew EXACTLY what they were doing. I'm sure some of the people did. My point is that when it comes to financial computers, most people probably think that if the computer lets them do it, it is probably ok. The lady who took over $18,000 probably thought she was getting money that she didn't have to pay back (meaning she is a crook). How about the other people? Consider this example: Imagine a person walking up to an ATM. They put their card in because they need some cash. They punch in the amount they need (assuming that if it is more than their balance, the transaction wont go through), grab the cash and the receipt and leave. Most likely they will look at the receipt (maybe not). If I looked at my receipt and my balance was negative my first guess would not be that there was a glitch in the computer system. I would assume that I am in the red and I have to pay my bank back. Now suppose that this person thought the same thing, but shortly there after they needed some more money. Maybe they would try the ATM again to see if it would let them borrow more money. Sure enough it does. I would not consider this person a crook. The ATM is the teller, it is in charge of enforcing the banks policies. A customer assumes that it knows what it is doing. I think that it was nice that the credit union tried to accomodate their customers, but what they did was kind of silly. It is the same as if there was a power outage, and they told their human tellers that even though they couldn't check a customer's balance, go ahead and hand them what ever they ask for. People trust technology (far more than they should I suppose), a bank shouldn't leave a broken system up and running with out at least informing customers of the danger of overdrawing their accounts. Ryan Johnston

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                    • T Todd Hoop

                      Banks (not all) let you overdraw to be nice and to keep your business. Overdrawing is a crime no matter what the amount is and can result in jail time. The town I live in was the first to have ATMs. Back in the early days, people would deposit empty envelopes into the ATM which in turn would allow you to withdraw whatever amount you said you deposted. Didn't take long for the bank to stop that scam. I am still amazed someone thought they could get away with the 9/11 scam...

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                      Jason Gerard
                      wrote on last edited by
                      #10

                      Most ATM's that support desposits allow you to withdrawal the money you said you just deposited. My bank's ATM's do. And I even know one person that went to jail about two year's ago for that same scam. Jason Gerard

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                      • R Ryan Johnston 0

                        Tim Smith wrote: I think they knew EXACTLY what they were doing. I'm sure some of the people did. My point is that when it comes to financial computers, most people probably think that if the computer lets them do it, it is probably ok. The lady who took over $18,000 probably thought she was getting money that she didn't have to pay back (meaning she is a crook). How about the other people? Consider this example: Imagine a person walking up to an ATM. They put their card in because they need some cash. They punch in the amount they need (assuming that if it is more than their balance, the transaction wont go through), grab the cash and the receipt and leave. Most likely they will look at the receipt (maybe not). If I looked at my receipt and my balance was negative my first guess would not be that there was a glitch in the computer system. I would assume that I am in the red and I have to pay my bank back. Now suppose that this person thought the same thing, but shortly there after they needed some more money. Maybe they would try the ATM again to see if it would let them borrow more money. Sure enough it does. I would not consider this person a crook. The ATM is the teller, it is in charge of enforcing the banks policies. A customer assumes that it knows what it is doing. I think that it was nice that the credit union tried to accomodate their customers, but what they did was kind of silly. It is the same as if there was a power outage, and they told their human tellers that even though they couldn't check a customer's balance, go ahead and hand them what ever they ask for. People trust technology (far more than they should I suppose), a bank shouldn't leave a broken system up and running with out at least informing customers of the danger of overdrawing their accounts. Ryan Johnston

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                        Tim Smith
                        wrote on last edited by
                        #11

                        Let us just say I don't agree with you. Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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                        • T Tim Smith

                          Let us just say I don't agree with you. Tim Smith "Programmers are always surrounded by complexity; we can not avoid it... If our basic tool, the language in which we design and code our programs, is also complicated, the language itself becomes part of the problem rather that part of the solution." Hoare - 1980 ACM Turing Award Lecture

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                          Ryan Johnston 0
                          wrote on last edited by
                          #12

                          Fair enough... Ryan Johnston

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                          • J Jason Gerard

                            Most ATM's that support desposits allow you to withdrawal the money you said you just deposited. My bank's ATM's do. And I even know one person that went to jail about two year's ago for that same scam. Jason Gerard

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                            Codin Carlos
                            wrote on last edited by
                            #13

                            What a crock by the banks!!!!!!!!!!!! It's NOT a scam - it's a LOAN!!! Now, if the bank DID NOT or could not keep track of the amount, THEN it's a scam or a fraud. BUT since they show the balance as -1000.00 or whatever - it's a LOAN! The bank LET THEM borrow it, and kept track of it!!! Man I wish I was arrested for that - I'd make a million sueing the @$$ off the bankers - whom are just covering their arse.... :cool: - Carlos

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                            • C Codin Carlos

                              What a crock by the banks!!!!!!!!!!!! It's NOT a scam - it's a LOAN!!! Now, if the bank DID NOT or could not keep track of the amount, THEN it's a scam or a fraud. BUT since they show the balance as -1000.00 or whatever - it's a LOAN! The bank LET THEM borrow it, and kept track of it!!! Man I wish I was arrested for that - I'd make a million sueing the @$$ off the bankers - whom are just covering their arse.... :cool: - Carlos

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                              Ernest Laurentin
                              wrote on last edited by
                              #14

                              :-D:-D:-D Stop man! this thread is too hilarious! :-O As my daughter would say, "... Whatever!"

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