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You may have heard of civil asset forfeiture.
That's where police can seize your property and cash without first proving you committed a crime; without a warrant and without arresting you, as long as they suspect that your property is somehow tied to a crime.
Now, the Oklahoma Highway Patrol has a device that also allows them to seize money in your bank account or on prepaid cards.
It's called an ERAD, or Electronic Recovery and Access to Data machine, and state police began using 16 of them last month.
Here's how it works. If a trooper suspects you may have money tied to some type of crime, the highway patrol can scan any cards you have and seize the money.
"We're gonna look for different factors in the way that you're acting," Oklahoma Highway Patrol Lt. John Vincent said. "We're gonna look for if there's a difference in your story. If there's some way that we can prove that you're falsifying information to us about your business."
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News 9 obtained a copy of the contract with the state.
It shows the state is paying ERAD Group Inc., $5,000 for the software and scanners, then 7.7 percent of all the cash the highway patrol seizes.
(Score: 0) by Anonymous Coward on Thursday June 09 2016, @10:12PM
You think anyone looks at the signature or compares it to the back of the card? I have literally never seen that done. PIN is way more secure than sig. It can be changed as often as you want. You are a moron.
A number of years ago I went in to a liquor store at my mother's behest to purchase wine with her credit card.
Not only didn't the clerk look at the card, when I asked her "which dead president's name should I sign on the receipt?" she answered "Benjamin Franklin." That was oh so amusing.
Multi-factor authentication should be required for all credit/debit transactions and, if they aren't used, the parties (the retailer -- or in this case the police -- the card processor and the bank) should all be fined treble the amount of the charge and that be given to the card holder.
Okay, that's enough crack smoking for me for one day. I'm clearly off in la la land.