Saturday, August 20, 2011

Overheard at the Counter: Visa is One Giant Scam,21178/

The Onion breaks the story: VISA ran the largest credit card scam in history! The story is embedded in this Onion's edition of Week in Review, but I've typed the transcript here:

The FBI has successfully executed a raid on the Visa Corporation, exposing what could be the largest credit card scam in history.

According to authorities, the Visa syndicate for years fooled millions of Americans by issuing convincing looking credit cards carefully designed to dupe consumers into
spending far more money than they had.

Investigators believe the fraudulent corporation also lured victims in with enticing rewards programs and free gifts, thereby trapping them in a spiral of debt they could never hope to repay.

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