It’s a lax employee at a business where credit card transactions are still manual and someone went dumpster diving for the carbons. Or, the most obvious culprit, crappy bank security.

I recently got hit for a couple of dodgy transactions. One, a UK based charity for Africa, which was the test transaction. Then a much larger hit for a well-known fraud from an Italian train line. The Italian mob triggered an alert on my account, but the moronic bank still allowed it to clear. It took them six weeks to credit me back that transaction.

There’s big money in dodgy credit cards. Some of the UK papers have been reporting on it and found you can pick up a full set of cards and documents to enable identity theft for a stupidly small amount of money.