Here’s the thing....the banks and credit card companies know it’s a massive problem, and want nothing to do with the solution. They’d like for everything to just continue on.
You don’t have this problem in Germany. You have a national ID card that you have to produce each time you want to register for a bank account. You have to register each time you move, and identify your new address. Your social security number is not what tracks you. German banks absolutely don’t want to deal with fraud episodes...it’s a waste of time and money.
Here we have idiots who are demanding a universal back-ground check for buying ammo or guns, but they won’t allow the same universal back-ground check for voter registration or credit card application or bank account registration.
Fraud is a huge “cottage industry” for financial institutions, and won’t be fixed anytime soon.
Political power comes out of the barrel of a gun. The other stuff is there to keep you dependent and in a state of helplessness.
national ID card..
register when you move and where you live...
track your everyday life...
are we back in the 1930’s pre war germany???
What we need to do is start hanging identity thieves.