Title totalled by trying too much
Accept my ample apologies for an appalling attempt
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 …
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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