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75% of German Households Have Identities Stolen

Posted on Dec 6, 2008 by Tom Fragala

In an unprecedented case, 3 out of 4 German households have had bank account data compromised--and it's for sale on the black market.

More from Breitbart:

The details of bank accounts held by 21 million Germans are for sale on the black market for 12 million euros (15 million dollars), a German magazine reported Saturday.

In an investigative report, two reporters for the Wirtschaftswoche magazine met last month with two individuals, arranged through an intermediary, who offered to sell a CD-ROM containing the names, addresses, bank name and account numbers of 21 million people, the magazine said.

"We took away with us the first delivery, a CD with 1.2 million accounts, that we couldn't imagine," said the editors in charge of the investigation, which has caused an uproar in Germany.

"In the worst case, three out of four German households would have to be afraid that some money could be taken from their checking account without their authorisation, and perhaps even without their realising it," the magazine wrote.

 

 



Filed under: Identity Theft

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