Diary

Obama's Campaign Finance Fraud - the remix

I have made Ecommerce websites for clients for years and know intimately the security checks that online merchant account systems have available. The below quotes shows that the security checks have been disabled on purpose and with intent by the Obama campaign. Knowing the systems as I do, almost all merchant account services require minimum security checks to prevent fraud. To disable these, Obama’s campaign would have to “make the request” and “the processing agency would have to approve it.” Obama’s campaign is denying any wrong doing and Paymentech will not make any statements at this time in regards to the matter.

Source Ex-CIA Expert: Obama Took Millions in Illegal Foreign Donations by: Kenneth R. Timmerman

One apparent reason for the unusual number of foreign donors who may not hold U.S. citizenship is the fact the Obama campaign turned off the security features most merchants demand for customers when doing online transactions, such as verifying the card number against the cardholder’s name and billing address.

Another major loophole is the apparent widespread use of gift cards, which notoriously have been used for money-laundering purposes, especially in places such as Russia and Ukraine, industry security analysts tell Newsmax.

Newsmax asked James Wester, a spokesman for Chase Paymentech, who was responsible for taking the unusual step of deactivating the Address Verification Service recommended by VISA USA on the Obama Web site. Such security features can be deactivated by the processing company, or at the request of the merchant, in this case, Obama for America.

Wester said that Paymentech was “not going to be issuing a statement at this time.”

VISA USA has a series of verification tools it recommends to online merchants to prevent online credit card fraud and to guarantee the security of personal credit-card information.

“Fraudsters have been known to test credit card numbers by making online donations to charitable organizations,” a credit-card industry insider told Newsmax, on condition of anonymity.

In fact, by operating as a “high-risk merchant,” the Obama campaign could put both its donors and Chase Paymentech at risk, he said.

“A legitimate online merchant or charity would call in the Secret Service or the FBI” if it saw the high fraud rates that have appeared on the Obama campaign Web site.

“If they are not taking basic security safeguards to prevent such obvious online fraud as you have found, then how can any donor have confidence that they will protect credit card information? But if cash flow is the name of the game, it doesn’t matter as long as they get the money up-front and get the job done. They can pay the fines later,” he added.

The bolded part of the quote above also sheds some light into how many people have claimed that their credit cards have been charged for donations to the Obama campaign, even though they didn’t make those contributions nor would they as they do not support Obama.

I think this is a clear indication of Obama’s lack of judgement or purposeful intent to circumvent the law where finances are concerned. It is a clear stance of the end justifying the means. It leaves one to wonder if Obama’s view of the law is one of convenience and if he sees the law as something to be exploited through loopholes, thereby circumventing the clear intent of the law. Does America truly want a man that has this kind of attitude and mentallity towards law as president and be in charge of our economy?

He who is trustworthy with little will be trustworthy with alot. This goes for not only money, but power as well.

And to clarify, McCain’s website does have security measured inacted for those that make any donations through his website.