I confess that I want to know how people get away with bank account fraud type activities. I'm no criminal myself but I really don't get it or how it works and the internet is no help.
Here's what got me curious.. I'm watching "Code Wars: America's Cyber Threat" on CNBC Its talking a lot about hacking and stuff irrelevant to my question, but in one section of the documentary its talking about online cyber crime such as identity theft and how someone stole 500,000 from someone else's bank account.
Here's what I don't get.. how do these people go about transferring money to some other bank account and withdraw it without getting caught? I hear this stuff happens daily.. I mean don't you need like an ID and other information to even make a fake bank? It confuses me how people get in someone else's bank, transfer money, then withdraw it. I tried to google how it really works but no answers.. maybe someone here will know?
