Date: 21 Jul 92 19:21:06 EDT
From: Gordon Meyer <72307.1502@COMPUSERVE.COM>
Subject: File 5--Time Magazine Computer Analyst Arrested for Alleged Faud

((A little news tidbit to take in consideration next time we hear, a la
operation SunDevil, of all the 'hackers' that are active in CC fraud)).

       Time Magazine Computer Analyst Arrested for Alleged Faud

A computer analyst, Thomas Ferguson, 44, who worked at Time magazine's
Tampa, Fla., customer service headquarters has been arrested after
allegations he sold thousands of subscribers' credit card numbers for
$1 apiece.  Ferguson has been with the magazine for 18 months, faces
four counts of trafficking in credit cards, authorities said.

Police found computer disks containing the credit card numbers of
about 80,000 subscribers at Ferguson's Clearwater, Fla., home.
Authorities said they met Ferguson four times to buy about 3,000
credit card numbers since being tipped off to the scheme in June.

Time executives say that all credit card customers should examine
their credit card bills closely.  If unauthorized purchases show up,
they should call the financial institution that issued the card.
           (Reprinted from STReport 8.29 with permission.)

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