Balanced, Social Engineering & Fraud: How we got fooled

Balanced, Social Engineering & Fraud: How we got fooled(blog.balancedpayments.com)

13 points by npcomplete 13 years ago | 6 comments

dotBen 13 years ago |

Perhaps I'm going to look like the fool, but I don't understand what the fraud is, let alone the social engineering.

"All the distractions with bad wife and irresponsible husband made us ignore the simple truth - what is the true cost of the DVD collection? It just happens to be $80 and well below the listed price of $510.0 AND it got sold out in minutes. In the words of Sherlock Holmes, “elementary, my dear Watson,” This was definitely fraud."

I've read and read and don't get it. Is something left out here, is this badly written or am I just an idiot?

npcomplete 13 years ago | |

(I work for balanced) The buyer and seller were the same person. Instead of us focusing on the actual case and investigating it, the fraudster effectively distracted us on something completely different.

May be, we should have clarified it in the end. But, thanks for pointing it out.

jasallen 13 years ago | | |

I had the same problem. Update to the blog post warranted, please.

dopamean 13 years ago | | |

There is something missing from the story. It is not clear what the "actual case" is. Nor is it clear what fraud was committed.

Gigablah 13 years ago | | |

Even with that information, I still can't figure it out...

asmosoinio 13 years ago | |

I also missed the point, and was left wondering what actually happened.