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Showing posts with label Change of address fraud. Show all posts
Showing posts with label Change of address fraud. Show all posts

3.05.2023

The life-upending flaw that USPS won’t fix

"Change of address fraud can have lasting fallout, but USPS won't say how it plans to close the loophole ...The fraud relies on a simple flaw in how the U.S. Postal Service processes changes of address. It’s neither new nor a particularly sophisticated technique, and has long been known to fraudsters and federal investigators. A fraudulently filed change of address form can have lasting fallout for the thousands of individuals whose mail is hijacked and rerouted every year, with criminals able to obtain bills, credit cards and other sensitive information that can be used to raid bank accounts or make fraudulent purchases."   
Source: techcrunch.com

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