from the not-like-atm-fees-steal-from-you dept.
JRHelgeson writes "In a story strangely reminiscent of Superman 3, a 'hacker' allegedly stole over $50,000 from PayPal, Google Checkout as well as several unnamed online brokerage firms. When opening an online brokering account it is common practice for companies such as E-trade and Schwab to send a tiny payment — ranging from only a few cents to a couple of dollars — to verify that the user has access to the bank account listed. According to the story, the attacker wrote a script that opened thousands of accounts at dozens of these providers. He was arrested not for taking the money, but for using false names in order to get it."