Secret
Service Must Investigate Obama Credit Card Fraud
By JB
Williams
The Obama campaign is reporting that it raised a record $181
million in the month of
September alone. According to campaign FEC filings for September, the money came
from 1.8 million individual donors, many overseas, and over 500,000 of whom had
never donated before.
Did YOU donate to Obama? You might have, just follow the
trail… The same thing happened in September of 2008. We later learned that most of that huge cash
infusion came from foreign countries, in small denominations, just like
September 2012, averaging $53 each from millions of
undisclosed donors, most of them abroad.
There are Federal Laws making it “illegal” to accept
“foreign campaign contributions,” yet Obama just took in almost $200 million,
most of it from overseas donors. The FEC
must immediately investigate the source of these overseas
funds.
The neat part is who those “first time donors” are… it is
YOU. And it is YOU who must demand that the FEC and Secret Service immediately
investigate the massive overseas funds pouring into the Obama
campaign.
The Government Accountability
Institute just issued a 109 page report detailing the massive campaign finance
fraud taking place in the 2012 campaign.
From the
report –
“Campaigns are not required to disclose donations from
individuals who gave less than $200 in a campaign cycle unless the campaign is
audited. Furthermore, campaigns do not even need to keep records of those who
gave less than $50. Presidential candidates are raising large amounts of money
that fall under the $200 threshold and audits are rare unless a campaign accepts
federal matching funds. To this date (September 26, 2012), the Romney campaign
has raised $58,456,968 and the Obama campaign has raised $271,327,755 in
contributions under $200 for the 2012 campaign cycle. In the 2008 presidential
elections, the Obama campaign raised $335,139,233 in donations under
$200.”
A glimpse at campaign finance security –
Given the state-of-the art digital sophistication of the
President’s re-election campaign—including social media, micro-targeting and
data-mining—its online donation system contains at least three major security
vulnerabilities:
1.
The absence of the industry-standard CVV and unknown use of AVS anti-fraud
security for online credit card donations
2.
The presence of a branded, major third party-owned website (Obama.com) redirects
its 68% foreign traffic to a campaign donation page
3.
Active foreign solicitation using indiscriminate email solicitations and
exposure to social media
Specifically:
Obama Campaign Lacks the Industry-Standard Level Of
Credit Card Security For Donations, But Uses It For Merchandise Purchases:
To purchase Obama campaign merchandise, the campaign
requires buyers to enter their credit card CVV security code, but does not
require the credit card security code to be entered when making an online
campaign donation (see page 61). By GAI’s estimates, the Obama campaign’s
failure to utilize industry-standard protections potentially costs the campaign
millions in extra processing fees. (with
purpose)
The BIG Picture is Massive
Fraud
There are reasons why the Obama campaign would use
CVV code security
technology for
merchandising. In short, the CVV code on the back of your credit or debit card
is there to ensure that the individual using the card is you, or someone
authorized by you to use the card.
Most Credit Card fraud does not happen with a stolen
card, but rather a stolen card number. Because the fraudster does not actually
possess the card, but only the card number and expiration date for the card,
they will not have the CVV code on the back of the card in most
cases.
When the campaign is selling and shipping merchandise,
they use CVV code technology to secure each transaction before shipping
merchandise.
But when nothing is being shipped, as in the case of
campaign donations, they have CVV code technology turned off. Why? Because, the
transactions coming from overseas on stolen card numbers, will not have the CVV
code. They also won’t have AVS information, which the Obama campaign also turned off
on its donations account. They are stolen card numbers, most of them from
Americans.
Address Verification, (AVS) like CVV code verification,
are industry standards for blocking fraudulent online transactions. Why has the
Obama campaign turned off both of
those security functions
for donations, but not for merchandise orders?
With these security functions turned on, the system would
DECLINE transactions as “fraudulent” if they were missing a matching CVV code.
So, to allow “fraudulent” donations on stolen card numbers, they would have to
turn off the CVV security function, thereby allowing the “fraudulent”
transactions to APPROVE without any CVV code match.
This
raises three obvious questions?
1.
Who are these individual donors? (Including
via bundlers?)
2.
Why are we allowing foreign donations from
overseas?
3.
How many of those donations are made on stolen
U.S. card numbers?
Only a full scale investigation into the
massive donations from September 2012 (and 2008) can answer these and other
questions. However, what we already know is this…
·
Obama is not
supposed to accept any foreign campaign donations, but he
is.
·
The Obama
campaign is familiar with and using CVV code technology on merchandise, but not
on campaign donations.
·
Without the CVV
code, fraudulent donations can be made with stolen card numbers and they
are.
·
The CVV code
technology was intentionally turned off for Obama donations
only.
·
The Secret
Service is responsible for investigating and prosecuting Credit Card
Fraud.
The Secret Service must immediately investigate the huge
sums pouring into the Obama campaign from overseas donors, looking closely at
the campaigns misuse of CVV code
technology to open the
flood gates for fraudulent transactions.
The Obama Campaign used these same tactics in 2008, for
more than $200 million in foreign unsecure donations from undisclosed
donors.
Because they are committing fraud in small denominations,
$25-$50 each, most American cardholders won’t even notice the charge on their
statement. Even if they do notice on their next billing statement and issue a
chargeback, it won’t be until after the election is
over.
Meanwhile, Obama can take in hundreds of millions in
foreign fraudulent transactions billed to stolen U.S. card numbers and use those
funds to win re-election. By the time people figure out they donated to Obama
when their statement arrives, the election will be
over.
To raise this issue with Secret Service, contact your closest Field
Office.
Contact the FEC here and demand an immediate investigation into Obama’s
foreign campaign contributions.
Whether or not the average reader can grasps the gravity
of this fraud or not, I can assure you that the Secret Service and F.B.I. fully
understand. They know exactly why someone would turn off these standard security
features. They know that it represents an intentional opening of the flood gates
for fraudulent online donations.
What the people need to know is what these Law
Enforcement groups are going to do about it and if they are going to do it,
before another election is stolen by fraud?
Are they loyal to America? – Or, to the
Commander-in-thief?
JB Williams
No comments:
Post a Comment