Collection Agency Rapid Recovery Solution Responds to News of Massive Credit Card Hack
Bohemia, NY (PRWEB) July 28, 2013 -- On July 28, leading collection agency Rapid Recovery Solution is highly disappointed to learn of a wide-reaching credit card scam.
According to USA Today article from July 25 titled “5 charged with hacking 160M credit card numbers” U.S. federal law enforcement cracked down on a cyber crime ring. The alleged offenders were responsible for over seven years of computer hacks, obtaining the details of 160 million credit and debit cards. The stolen information was then sold around the world and totaled hundreds of millions of dollars in losses to unsuspecting victims.
The article talked about the four of the accused hackers that are natives of Russia, with the fifth hailing from the Ukraine. The eastern European accused criminals targeted mostly American corporations, including 7-eleven, JC Penny, Hannaford Brothers grocery chain, Jet Blue and Nasdaq electronic stock exchange. If convicted, the defendants could face a prison sentence upwards of 20 years from charges of computer hacking conspiracy and conspiracy to commit fraud.
John Monderine, CEO of accounts receivable collections company Rapid Recovery Solution, Inc., voices his opinion. “Here at Rapid, we are especially disappointed to learn of this criminal ring.” Monderine offers additional insight. “Part of our responsibility as an accounts receivable collection agency is to educate consumers of the dangers of debt inherent with credit card use. However, possible cyber fraud is not something we can prepare them for. In this case we simply have to rely on our law enforcement to do their jobs.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
Sean Nolan, Rapid Recovery Solution, Inc, http://www.rapidrecoverysolution.com, +1 (866) 944-8610, [email protected]
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