back to article Brazilian baddies bank Boleto billions

Brazilian bad guys appear to have made an astonishing $US3.75 billion by scraping a tonne of tiny transactions from a popular payment system used by locals, RSA researcher Eli Marcus says. The carders operating a single fraud ring may have netted enough over the last two years to foot 80 percent of Brazil's $4.7 billion World …

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Joke

Alliteration Alert

Title totalled by trying too much

Accept my ample apologies for an appalling attempt

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Brazilian baddies?

How many is that?

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Sir

So if I understand this correctly the bad guys took advantage of a payment system that had no checks or balances, or comebacks, or protection - and the general public liked it BECAUSE of this?

I find it more surprising that such a system exists that people trusted than that some bad guys decided to rip it off. As far as I can tell they have just effectively performed a public service* for slightly less cost than the banks would charge you (and the banks wouldn't even highlight the flaws in a shit system).

*Only once it was discovered of course :)

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Re: Sir

You mean like bitcoin…….

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Krebs title is better

Brazilian ‘Boleto’ Bandits Bilk Billions

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Childcatcher

Re: Krebs title is better

Fraude Financeira!

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Joke

Re: Krebs title is better

Whate shade of fraud is that?

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This post has been deleted by its author

$3.75billion number looks a bit bogus

495,753 estimated transactions compromised

=$7564/transaction

192,227 PCs infected

=$19508/infected PC

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