Give it a start

[kunta]

I've given this very little consideration :-P and thought I should start a thread in here.

I've been running my company for over 5 months now and 95%
of fraud comes from Romania (which I have been able to fix). Some other countries include Macedonia as well.

I have found a great script that works :). I have reduced my fraud from about 15 per day to about 1. And I haven't recieved fruad in over 3 days :).

I originally wanted to make a large database with fraudulent PayPal accounts, and Credit Cards. I haven't had time to.

Anyways if any of you guys need some help getting rid of frauders I am here to help.

[Artashes]

Wow, great statistics buddy.

I think your original idea of creating a database would be a total success. Just imagine the millions of people who would use it, man!! There are so many people doing business online that your idea could be priceless for them.

No one like to deal with fraud, especially when it comes to issue refunds and even pay for them sometimes, so if you still onto making a directory like that - I would support you and it'd be an amazing adventure.

Plus, I think if you are to help people individually, wound't it take more time than actually developing this idea into a working system that could help numerous businesses and entrepreneurs?

Thank you though for the offer. Its most kind of you, but think about building one. Seriously. People might be ready to even pay a low monthly fee to gain access to this kind of service to cut the fraud dramatically.

[kunta]

wow. That was a quick reply. My original idea was doing it for free. I am just not sure on how I should be approaching it tho. I guess i am gonna purchase a domain today e-fraud.com or some crap like that.

I have a friend who has a list of numbers.. I wouldn't mind to have a chat session regarding how we would do this. The users would have to be manually approved to see the fraud list because then our site would be a source for stolen cards.

A small monthly fee may work $3.00 per month just to keep the server up :) Company signs up, pays, gets access to the list upon approval...

If we get some php programmer maybe we can even have an addon to their order system so it would connect to our database and verify.

Let me know what you think.

[Artashes]

So what's the status? Are you really going forward with the idea? I really think you should start it, becuase its a tool most sellers won't avoid. I advice maybe to start it with very simple database and then if it gets popular, change it to a more complicated system with features and stuff?

Also, what is your end product look like? Is it names? CC numbers? PayPal accounts? Because many people fall victims to CC fraud and that would be unfair to them to be cut off from online sellers like that.. How do you think you're going to go about it?

[kunta]

Yes. I purchased e-fraud.org. People who sign up will be pre-screened and will have to sign (virtually) an agreement that any information on the site is for educational purposes and that if there is a breach in information They will be fined and suspended from the site.

I guess in the beggining people will submit: Name, Email address, Credit card # or PayPal account.

Let me know.. also if you have AIM or something I can IM you.

[Artashes]

Kunta, I would however advice you to consult with a lawyer about it. Listing people's names, cc # or paypal accounts may come at a price.

Data collection is subject to legal limitations: Data collection sites must be prepared to address federal, state, and private concerns. To be specific, Internet data collectors must deal with two issues in your case:

1. First, does Internet data collection constiture unfair or deceptive practices in violation of the Federal Trade Commission Act?

2. Second, does data collection give rise to a suit based on the violation of personal privacy? If someone notices his information there - there most likely be serious lawsuits.

These two issues must be addressed before launching. Don't want you to get into trouble giving people an access to publish any information about anyone. I have just realized how risky this might be: what if someone uses those credit card information to perform fraud? From legal point of you - you will carry the responsibility and you will be liable for such acts because you knew of potential dangers.

Anyways, advice some lawyer. I pointed you two issues which I think you better clarify before launching.

In the meantime, regarding your site: Would you give people free access to enter information and paid access to retrieve information - is that it? Otherwise, who would pay to wanr others of fraud?

Hope this helps.

[kunta]

You have made a few good points:

1. First, does Internet data collection constiture unfair or deceptive practices in violation of the Federal Trade Commission Act?

and

2. Second, does data collection give rise to a suit based on the violation of personal privacy? If someone notices his information there - there most likely be serious lawsuits.

The person would have to be pre-screened to have access to the site. You can't just sign up and have access to all theese #'s. You must own a legitimate hosting/server company in order to have access.

I also think that if we have a policy that states that we aren't liable for any damages etc.. and that all legal fees that are subject due to someone using our service will be paid for by the person that caused it.

I don't have the money to hire a lawyer to help me with this.

[Artashes]

Originally posted by kunta
I also think that if we have a policy that states that we aren't liable for any damages etc.. and that all legal fees that are subject due to someone using our service will be paid for by the person that caused it.

This might be a good thing to have. Although note that courts might not look at this as a reasonable statement. Courts usually look into logic of things and if you make a mistake - they will try and make you pay for it no matter if you have a contract signed by both parties.

That's just how they work. Spooky... heheh

[kunta]

yep..