Over 100 People Charged With Post 9-11 Credit Union Theft
from the free-money! dept
Just a reminder to those of you who didn’t know. Taking free money from a bank due to a glitch is known as fraud. At least 100 people are discovering that today as arrest warrants have been issued for over 100 people who took money out of a credit union thanks to a post September 11th computer bug. The bug apparently let people withdraw up to $500/day without checking to see if they actually had that amount of money. Some people used it to withdraw upwards of $20,000. All total, some $15 million was stolen, and more people are being investigated.