The Ivy League Hustle

[Scamula]

Basically what SWIM did is create a new person instead of stealing someone's id. SWIM used the information she'd gotten from various shady sources to cook up the appropriate SSN for someone regarding their DOB and where they were supposedly born. Then swim created a false good credit history for them. Then swim went to Chase and Astrive online and applied for a private college loan (the ones that are mailed directly to you not those ones that go to the school). They asked for pay stubs and proof of enrollment and swim forged those and faxed them in. They sent a check for $10,000 to swim with the name of the fake person she'd created on it. Thank god swim had already gotten a bank account in the name of the false person and she deposited the money via ATM and then waited like 3 days and came back and withdrew some of it and she left part of it in the bank. SWIM is still using that money to this day. It was a good scam I tell you. The key is when filling out the college loan application, you must pick the deferred payback method which means that you have about 4 years before they start asking your "person" for the money and by then you could've just packed up your tent and moved onto the next scam. What SWIM did is just write them a letter telling them that she'd moved and when the time comes, they'll be sending the bill to a Starbuck's in another city instead of SWIM. Tee hee. The good thing about this crime is unlike with most crimes, you have a long window of time before you run the risk of the police coming after you. You have no risk for a long time and when that time is up, so much time will have passed making it hard for them to pin it on you. It's not like stealing or anything like that...tell me of any other scheme where you have 4 years before risking getting caught? There is none.

SWIM makes a bank account by actually going on the bank's website and signing up there. Some banks such as Bank of America and Wachovia offer online bank account sign up. www.wachovia.com is the Wachovia site. Also try www.bankofamerica.com. There may be other banks who do this such as Suntrust...do a web search.


Usually the bank will not verify it with the social security administration (the ss# and DOB and name matching), they will do this with the credit report. This is a godsend for crooks...any business can basically add on to your credit report when you are applying for credit cards and this adds more verification with the name and social. SWIM called 1-800 Bar -none and applied for a car loan credit since they accept everyone and this will give my false person a credit history and verification of the name and address SWIM said they had. After Bar none (about 3-4 days later), SWIM will go online and apply for a couple of crappy credit cards. It doesn't matter if you are approved or not...it just matters that the credit history is made be it bitter or sweet. Apply for about 2 cards and space the application one week apart.

If that doesn?t work to get you an account with which to cash this check, then you may have to just call up one of these banks and ask for a minor account for your child. They usually won?t check you out well because it is not ?your? account technically and they won?t check the brat?s information out much either because they figure a 10 year old is not a member of Al Queda (sp). You can be you but the ?child? is the fake name that you requested the loan in.

On the college loan application, SWIM said that she was a registered nurse manager with a 15 year track record and a six figure income at a local hospital. Have your *income* at least $100,000. When you apply for the college loan, say your person has a long track record with regards to income, length of time at your current address etc.

Do a web search for college loans that are mailed directly to you. Astrive and CFS student loans are good easy companies to scam. Chase will hassle you a bit more.

[SayItAintSo014]

What the fuck is SWIM and why are all of your threads directly related to it?

[DIzzIE]

What the fuck is SWIM and why are all of your threads directly related to it?

http://rorta.net/forum/showthread.php?t=414&p=4317

Also our number one rule for the Scams forum:

1. All posts regarding activities that may be deemed illegal must be kept theoretical. In other words, do not use personal pronouns or personal possessive adjectives: no using I, my, our, we, etc. Keep in mind that RORTA is not responsible for the material you post. As forums are live content, we cannot regulate and monitor every posting. That being said, incriminate yourself at your own risk.

[ComfortablyNumb]

dude, I asked the same question in another thread. Apparently it's an acronym for "someone who isn't me" or something like that. I guess they use it b/c they dont want to say "I" when theyre talking about their illegal activities, although I can't really imagine, seeing as how the SWIM term is somewhat well-known, that saying something like "oh, I wasn't referring to myself, but someone else," would be a very good defense in court in the event that they actually tracked down your posts on a forum.

EDIT-whoa, posted at the same time, trippy.

[SayItAintSo014]

Oh okay, it kept confusing me. Sorry for the rudeness.

[Scamula]

Oh okay, it kept confusing me. Sorry for the rudeness.

No problem.

[Scamula]

dude, I asked the same question in another thread. Apparently it's an acronym for "someone who isn't me" or something like that. I guess they use it b/c they dont want to say "I" when theyre talking about their illegal activities, although I can't really imagine, seeing as how the SWIM term is somewhat well-known, that saying something like "oh, I wasn't referring to myself, but someone else," would be a very good defense in court in the event that they actually tracked down your posts on a forum.

EDIT-whoa, posted at the same time, trippy.

It is more a technicality. Just like some people get off even when we know they are guilty. The legal system is not about those who are right...it is about those who know how to play the game no matter how stupid it is.

[Fayt]

How about cashing the check though?

Or are you just saying, recieve the check, deposit @ the ATM, and use your debit card to withdraw like... $300 every other day?

What if you took this to the next step, and just used someone else's information? Got some credit cards n such in their name to a fake address (houses for sale, abandoned, etc.) got the loan through (it IS their credit it's checking, you can get more money that way) and then do the same thing.

They'd check addresses and everything though... 90% sure of it.

[Scamula]

Or are you just saying, recieve the check, deposit @ the ATM, and use your debit card to withdraw like... $300 every other day?

.

Pretty much yes though at SWIM's bank, about 300-500 are allowed to be cashed out per day.


What if you took this to the next step, and just used someone else's information? Got some credit cards n such in their name to a fake address (houses for sale, abandoned, etc.) got the loan through (it IS their credit it's checking, you can get more money that way) and then do the same thing.

They'd check addresses and everything though... 90% sure of it.

I've never done what you are talking about. The very fact that you've involved a real person makes it more dangerous because they will be breathing fire down your neck and sending their companies after you if (when) u get caught. If you just make up a person, your crime is only against the company. If you use a real person, your crime is against the company AND against the person whose credit and identity u ruined and you'll be punished accordingly.

[Jarmungand]

asdf

[Scamula]

^^This, on the other hand, has never occurred to me. However, I'm unsure how your method is more beneficial than regular identity theft, as all you are really doing is trading one felony for another. If there is a legal technicality involved please explain.



I don't know if there's a legal technicality involved in this or not.

[Fayt]

I don't know if there's a legal technicality involved in this or not.

It'd be considered fraud, easily. Your still ripping money off of a company.

[SirScamAlot]

How would SWIM go about getting the initial info to create this new identity?

[odin_dax]

How would SWIM go about getting the initial info to create this new identity?

Ah, a question of my expertise. YOU would be better off getting an honest job. If you don't believe anything else I say, believe that.

[Scamula]

It'd be considered fraud, easily. Your still ripping money off of a company.

Yes, of course.

But I still would rather not involve more people than I have to. Identity theft is the new "it" thing and they are really cracking down on that. As it is now, no one has stolen any identity from anyone...an identity was merely created out of thin air (well out of Eden Press books).

[Scamula]

How would SWIM go about getting the initial info to create this new identity?

SWIM built her library of fraud up from the fine line of books by eden press. I ordered via catalog but I think their website is www.edenpress.com. Loompanics had some great books as well but they are out of business now I think.

There is much information on the internet but it ain't free. You have to spend $$$ to get the really good info. Basically the internet has taught me nothing I didn't already know regarding economic crime. The internet is just basically full of 30 something computer geeks and young folk who are sick of their parents. Basically no one really learns how to commit a good economic crime, make your $$$ and get out without getting caught on the internet. I guess some folks had a point when they said that good old books would never go out of vogue. Books are still a better way to learn certain things....there's too much junk on the internet and the really good shit you must pay for and even then it is not as good as what you'd find in a book.

I recommend anyone who's truly into "alternative lifestyles" or white collar crime to order some eden press books . Peruse the site or get a catalog from them. I mainly ordered books on new identity (such as "The ID Master" and the "Paper Trip" series) to help me with my various activities.

[odin_dax]

SWIM built her library of fraud up from the fine line of books by eden press. I ordered via catalog but I think their website is www.edenpress.com. Loompanics had some great books as well but they are out of business now I think.

There is much information on the internet but it ain't free. You have to spend $$$ to get the really good info. Basically the internet has taught me nothing I didn't already know regarding economic crime. The internet is just basically full of 30 something computer geeks and young folk who are sick of their parents. Basically no one really learns how to commit a good economic crime, make your $$$ and get out without getting caught on the internet. I guess some folks had a point when they said that good old books would never go out of vogue. Books are still a better way to learn certain things....there's too much junk on the internet and the really good shit you must pay for and even then it is not as good as what you'd find in a book.

I recommend anyone who's truly into "alternative lifestyles" or white collar crime to order some eden press books . Peruse the site or get a catalog from them. I mainly ordered books on new identity (such as "The ID Master" and the "Paper Trip" series) to help me with my various activities.


Aren't you the shady one? ;-)

[SirScamAlot]

Yes, of course.

But I still would rather not involve more people than I have to. Identity theft is the new "it" thing and they are really cracking down on that. As it is now, no one has stolen any identity from anyone...an identity was merely created out of thin air (well out of Eden Press books).



Thanks for the info. It is greatly appreciated....

by swim that is


lol

[Scamula]

Thanks for the info. It is greatly appreciated....

by swim that is


lol

You're welcome. :sgrin:

[Scamula]

Aren't you the shady one? ;-)

I'm always one step ahead of the man. :bandit:

[blaksun]

i bet you're too shy to actually do that.

[Scamula]

i bet you're too shy to actually do that.


:unhappy: Do what?

[blaksun]

:unhappy: Do what?

anything mentioned in the original post, DUH.

[Scamula]

anything mentioned in the original post, DUH.

Prove it :asshole:


The only way people like you get high is by trying to tear down others and starting shit when you have nothing to offer. :yawn:

[blaksun]

Prove it :asshole:


The only way people like you get high is by trying to tear down others and starting shit when you have nothing to offer. :yawn:

lmao, i wasn't trying to tear you down, i just think anyone who posts on an internet forum is too shy to go around doing such things.

[Scamula]

lmao, i wasn't trying to tear you down, i just think anyone who posts on an internet forum is too shy to go around doing such things.

I don't buy that stereotype. I post on internet forums because they are fun and allow me to talk with likeminded people from anywhere in the world. You aren't limited by geography. It is not a good idea to talk with your friends in the 3D world about such things because when the chips come down they may squeal on you. The internet offers more anonymonity (well not as much as I'd like).

[Stone]

Scamula, blaksun is Rorta's resident troll and has returned after a long absence. Don't take anything he/she/it says seriously.

[Scamula]

Scamula, blaksun is Rorta's resident troll and has returned after a long absence. Don't take anything he/she/it says seriously.

Ah, thanks for the heads up. :smile:

[justaname]

Hey all,

I'm a lurker here. Been on &t, a few other forums.

Spamula, thanks for the banking insight. Opening a savings acct has gotten much easier than when I was more into this sort of thing. Opens up lots of possibilities. SWIM saw this scam on CM before it got shut down. There are many more things you can do with identities that are this solid. Look into rental cars. SWIU won't have a title, but there are people out there who don't mind all that much. Of course, the ID would be flagged if you should fail to return the car.

Also going to second the advice on paying a premium for your info. Good information is worth money, and that initial investment buys you some time to actually use it. Any hackers out there? Think 0day. This sort of info gets sullied when too many are privy to it.

Regards.

[Billy1]

Interesting topic. I would suppose somethings have change since the original post but still interesting.

[iceman69]

old trick to change ye ol credit file or using a tin number applied for with the irs.
glad to see it still working. Scamula congrats on a working system! and how to exploit it for profit!
ingenious. however realizing the second set of digits atleast pertaining to my card indicate year issued when validating a number. the only way i can see this to work is by using a childs ssn that validates if validated through ssn validation svc. the second digits singlify date of issuance not the dob. a childs ssn could be retrofitted with other name creating a second or shall i say its first credit file. Intresting that a bank would not use ssn validator seems strange since it takes like 3 seconds to perform. If unissued ssn numbers are flying by the bank thats powerful information. Although its not as easy as 123 finding a unissued ssn. Kinda like a needle in the haystack search. I could see 6yr olds with car loans though in the near future. since theres no cross reference between social and name other than your 3 major credit agencies. would suck though if second grade johnies welfare was cut off because his credit report disquallified him for owning to expensive of toyz.
this is one of the best exploits i have read on this site hands down! I would love to hear more on the exploitation of ssn and how to find unassigned ones. scamula your a icon

HOWEVER THIS EXPERIAN NOTICE SCARES ME WITH THE OUTLINED ABOVE


The problem i see with this system is finding ssn........................ ssn will either show used by someone else because of their credit file. Chances of finding unissued ssn in the region and date code is like pissing in the wind. The only way I can see this work is with a minors ssn or someone who is mentally retarded or something. SSN generators are on the net and using algorithms will assing proper syntax. However when cross checking with ssa validater they all are already used. Essentially we all would love to hear your details of ssn generation of unassingned #s and how to check them... pls do share

Our most recent column

Select a topic from our most recent column – August 23, 2006
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Freezing your children's credit histories

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Freezing your children's credit histories


Dear Max,

I have two young children (both under the age of four). Because I have heard of even young children being the victims of identity theft, I am considering freezing their credit files until they are old enough to have their first credit cards. What is your opinion on this? Is it possible for a parent to freeze the credit of a minor? Would you do this for your own children?


- CJT

Dear CJT,

Your children probably do not yet have credit reports, so you wouldn’t be able to freeze them, and I wouldn’t freeze the reports if they did exist, even for my own children.


There seems to be a growing misperception that everyone is assigned a credit history at birth, just like a Social Security number. In fact, your children won’t have a credit report until they have credit in their names.


Having no credit report is better protection than having a credit report with a freeze. If an identity thief applies for credit using your children’s information, the lender will get a response indicating no credit report exists with those identifiers, and also may receive an alert that the Social Security number belongs to a minor.


A notice that the Social Security number is issued to a minor can tip off the lender to fraud, stop the application and allow the lender to notify law enforcement.


If there were a credit history and it were frozen, the lender would receive only a message that the credit file needed to be thawed by the consumer. The lender would then have to ask the identity thief to thaw the credit file before the application could be processed.


The identity thief could then explain that he or she needed to go get the password and could simply walk out of the bank never to be seen again.


If your children already have credit reports in their names, one of three things has happened. You have applied for credit in their names and the applications were approved. You have added them as authorized users or joint account holders on one or more of your accounts. Or, someone has fraudulently used their information to apply for credit and they are already identity theft victims.


If they become victims, before placing a file freeze on your children’s credit histories you should add victim statements to their reports. Doing so will require filing a police report or other valid identity theft report.


One of the most significant requirements of the The Fair and Accurate Transactions Act (FACT Act), which amended the Fair Credit Reporting Act (FCRA), is that it requires lenders to respond to security alerts and victims statements.


Because of that requirement, the statements provide strong protection for fraud victims while still affording access to credit if they need it.


One of the few instances in which I would recommend freezing a credit history is if the child is very young and is a victim of identity theft. It is an extreme situation that may warrant an extreme action.


Before doing so, check your state laws to verify you can place a file freeze and to determine the requirements for doing so. Some states do not allow credit file freezing. You may need to file a police report regarding the crime. If you do not, there could be a fee for placing the credit freeze.


Thanks for asking.

[blaster18]

Respect to this hustle. ++++++

Good shit.

[Billy1]

Couldnt someone just make up a random number, apply for items and that in itself will create the credit file?

[iceman69]

Couldnt someone just make up a random number, apply for items and that in itself will create the credit file?


does not work...................
flaws............................................
has to be a valid number today and I hate to say it but the only numbers left to exploit are minors................. because they have no credit file....................................
but number checks as valid through ssa validation services................. Being the numbers valid and theres no credit file theres nothing to cross reference.................... minors ssn are a powerful tool for finance.......................
bet you did not know a 6 yr old could buy a cadillac? theres no ssn / age cross check database...................
becarefull of the new identity protection companies that monitor your credit file