Thread: rich people
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Old 01-20-2005, 12:26 PM   #8
pritchke
Bastet - Egyptian Cat Goddess
 

Join Date: September 5, 2001
Location: Calgary, AB
Age: 49
Posts: 3,491
Alot of Rich people get Rich by stealing or using other peoples identity to do so. The majority of people who do this don't even get caught. Some who do are originally thought to be outstanding citizens. One sly business guy sold some of an old ladies property near Edmonton for $500,000 to a casino because he obtained varies parts of her ID. The old lady only found out when people came to assess the property. The government compensated her.

Another person had a scam were he would read the obituaries from other provinces and loook for people around retirement age apply for a SIN in another province in that persons name than draw on there old age pension. He could get away with this because the provinces don't communicate and if you die in one province, the other province doesn't know you are dead. The guy made over $100,000 which he invested before he was caught. He got 5 years but it was worth it because of the money he invested.

In Canada identity theif is a billion dollar industry. In the US we are talking multi billions in business. A good many rich folk don't get started in a legit way they just don't get caught starting out to make there first bit of money to invest.


[ 01-20-2005, 02:15 PM: Message edited by: pritchke ]
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