|
I
Payday Loan Stores
Take 'em to the Cleaners
Prepared by Shortfuse
America's Least Wanted Online
P.O. Box 4020
South Bend, IN 46634-4020
II
Payday Loan Stores: Take'em to the Cleaners
The purpose of this tutorial is to demonstrate how an unscrupulous individual could easily take
payday loan stores for several thousand dollars in a single weekend. Payday Loans, also known as check
advance loans, short-term loans and loan sharks have sprung up everywhere. Most states have them in
nearly every single strip mall, and there are scores of them on the Internet.
In this scam, we focus exclusively on internet-based operations because falsification of required
documentation is easier, appearance in person is not necessary and it is easier to remain anonymous.
However, one could easily adapt these techniques to scam local retail loan establishments.
This scam is somewhat complex, and requires much thought and planning before execution.
However, due to the fact that you can make several thousand dollars this way, it will be well worth it. First
of all, you need to obtain some things that are not described here, simply because so many other tutorials
and websites have been devoted to them. These are various components used to complete this scam.
§ A Voicemail Account - This is just what it sounds like, a telephone number that doesn't ring
anywhere, it simply goes to a voicemail box. Usually, you can obtain them from your cellular
telephone company, or from a company called Weblink Wireless (www.pagemart.com). Be sure
these do not go in your own name, and do not leave a paper trail. You will need four of these (if
you use Weblink Wireless, you can simply request multiple numbers with voicemail to be assigned
to your pager, to reduce costs), and record a greeting for your employer, yourself and your
references.
§ A Fake Identification Card - Should authentic in appearance, and should be able to pass the inperson
verifications in use by financial institutions, since you will use this ID card to open your
checking account as shown below.
§ A False Checking Account - Should be at an easily accessible bank, and should be opened with
fictitious information with careful attention to avoid leaving any kind of a paper trail. This account
will be used to deposit your scammed cash, and for the withdraw of same. Be sure the information
on this account matches that on the ID Card. Additionally, get an ATM or Debit Card, to allow
withdrawals from said account without going to a teller. Do not use the debit card to make in-store
purchases, because you will be required to sign for the items, but you could use it online.
§ A Fake Utility Bill and Bank Statement - Probably the best way to do this is to scan in one of
your own bank statements or utility bills, and edit off any information that could identify you. Be
sure to edit any barcodes, accordant numbers or transaction ids that could point back to you. Be
sure to remove or edit any barcodes that look like the one below, as they identify your delivery
address uniquely.
Figure 1.1 Address Encoded Into Barcode Format:
§ A Fax Machine - You just need to be able to send and receive faxes. Your fax machine must send
from a phone number that is not your own, like a hotel room phone line. You can obtain fax
machines small enough to fit in a large suitcase for less than a hundred dollars.
§ An Internet Access Account - This must not be in your name. You must also never dial up to
the account from home, as the numbers you dial in from are recorded in a log, held by your ISP
which would trace right back to your home. A good idea is to rent a hotel (again using false
information) and connecting from there.
Once you have these items available, you can begin scamming the Payday Loan shops. To find
your targets, search www.google.com for "payday loans" to find potential victims. On their websites, they
will have an application for you to fill out. When you have done that, you will be asked to sign and fax
back a loan agreement, along with copies of various documents, most of which you manufactured above.
They also ask for a voided check, which they take the ACH/Transit numbers from the bottom, and use
those to electronically deposit your funds, and later deduct their fees. That's why you need a faked
checking account.
III
If your bank account is endowed with online banking access, you may even be able to wire your
money directly to another bank. Most banks allow you to access your account via telephone. Note that if
you call your bank from home, your telephone number is likely to be recorded in a log, which could later
come back to haunt you. For this reason, it is advisable to use a local pay telephone for this purpose.
When you have confirmed your funds have been deposited, get them out of the account as quickly
as possible. Using your ATM card, withdraw the funds at an ATM machine in a secluded location. An ATM
built into the side of a bank would NOT be a good location. Also, be mindful that ATMs, as well as buildings
around you are likely equipped with cameras, which could catch your license plate number. For this
reason, place a piece of cardboard over your license plate a few blocks before you get there, and then
remove it a few blocks away. This will prevent you from being identified in this manner.
Also, it would be advisable to wear gloves at the ATM Machine to avoid leaving fingerprints, and to
wear a baseball cap with the bill low on your face. You may also want to wear a ski mask under that for an
extra level of protection. Execute your transactions quickly and do not get printed receipts if you can avoid
it. Some ATMs print them automatically, but some will ask you if you would like a printed receipt. Always
select no, as they are incriminating evidence.
Use a particular set of bank accounts and associated information only once to do this scam. After
that, you must ditch them and start over. Also note that many payday loan places have a database that
they use to see how many loans people have out at any one time. For this reason, it is important to hit as
many loan places on the same day, so that they don't see you taking out one, and then another, and
another. The database is updated at the end of the day, most likely, so anything done that day wont show
up.
Wishing you good luck, good business and high profits,
Shortfuse for America's Least Wanted
|
deposited
