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Archive for the Category »Identity Theft «

High interest tax loans, unsolicited live checks and oppressive contract terms aside, HSBC Finance Corporation has the ability to hurt your children too. In fact they are targets, and less likely to discover identity theft.

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June 28 (Bloomberg) — An employee of HSBC Holdings Plc’s Indian unit was arrested in Bangalore and accused of helping a group illegally withdraw 233,000 pounds ($424,747) from bank customers’ accounts, according to a police official. Nadeem Kashmiri, a 24-year-old employee of HSBC Electronic Data Processing (India) Private Ltd., was charged with hacking into computers and breaching confidentiality agreements and privacy laws, Sanjay V. Singh, deputy inspector general for economic offenses, said today by telephone from Bangalore.

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HSBC - North America’s retail services business today announced it has formed a strategic alliance with electronic payment network operator Debitman Card, Inc. to accelerate growth in Debitman’s debit card platform, known as “The Retailer’s Network.”

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An analysis of articles with the ‘Most Reads Per Day’ and total overall reads for the last year reveals problems with HSBC and their ability to accept online payments in a timely manner. Approximately 600 people per day visit Household - HSBC Watch, and clearly many of them are concerned with HSBC identity theft issues. Here are the results from the last 12 months, with links to our most read articles:

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Here at Household - HSBC Watch we receive many complaints about HSBC which cause people to worry about identity theft. HSBC NV or HSBC RS on their credit reports cause problems, as well as HSBC’s marketing tactic which tells people their “application” cannot be approved when in fact there was no application. Here are the figures released by the government, concerning identity theft:

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