It's cheaper for the Pizza company to eat some of the fraudulent orders than pay the $600 extortion fee.
Pizzerias Receiving Extortion Letters Demanding Bitcoin
11–20 of 55 posts
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#12The address doesn't seem to be a valid BTC address.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#13Some quick digging around: not much to be found on the wallet addresses on the extortion letters. One wallet was tied to a 0.001 transaction on 6/27.
wallet: 17gt1BancvtnnJwy4BA41VBUH3pfbUvzE block: 308079
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#14Obviously the victim isn't the local pizzera its Coinbase. Someone just spent "not very much money" to make them look incredibly bad. Should be fairly easy to track them down, just analyze the pattern of yellow dots on the color laser print to figure out the make, model, and serial number of the printer making the extortion letters, then contact whichever of coinbase's competitors made those letters and ... Now if I…
It's likely coinbase was chosen simply because it's the easiest way for their victims to buy coins. There is a vulnerability with Pizza businesses in that they trust the caller is making a legit order, and don't ask for pre-payment before delivery thus leaving them open to fraud. Whoever is doing this is clearly bluffing and hoping just a handful of businesses pay the extortion and likely flooded the mail system with these letters. I bet the payment address is the same for each extortion letter meaning they have no way of knowing if a company pays or not.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#15Page has a pop-up with autoplay video ad. No thanks.
Adblock/Flashblock/Ghostery seem to have blocked it for me.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#16It's cheaper for the Pizza company to eat some of the fraudulent orders than pay the $600 extortion fee.
That's if the extortionists even bother carrying through with their threat. It's pretty cheap to print up a thousand letters and mail them to pizzerias all over the country; if even a couple cough up the money, that's probably money and effort spent well enough. The deadline is far enough in the future that it's not really worth it to prove that punitive measures will be taken.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#17Obviously the victim isn't the local pizzera its Coinbase. Someone just spent "not very much money" to make them look incredibly bad. Should be fairly easy to track them down, just analyze the pattern of yellow dots on the color laser print to figure out the make, model, and serial number of the printer making the extortion letters, then contact whichever of coinbase's competitors made those letters and ... Now if I…
It's likely coinbase was chosen simply because it's the easiest way for their victims to buy coins. There is a vulnerability with Pizza businesses in that they trust the caller is making a legit order, and don't ask for pre-payment before delivery thus leaving them open to fraud. Whoever is doing this is clearly bluffing and hoping just a handful of businesses pay the extortion and likely flooded the mail system with…
Read your username as "Nakatomi Pizza".
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#18Obviously the victim isn't the local pizzera its Coinbase. Someone just spent "not very much money" to make them look incredibly bad. Should be fairly easy to track them down, just analyze the pattern of yellow dots on the color laser print to figure out the make, model, and serial number of the printer making the extortion letters, then contact whichever of coinbase's competitors made those letters and ... Now if I…
/boggle. The pizzeria is indisputably the victim of extortion here.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#19If I were a pizza parlor owner, I would frame this letter and hang it in my restaurant.
Re: Pizzerias Receiving Extortion Letters Demanding Bitcoin
#20My girlfriend's father had a hacker break into their network drive, encrypt all their files, and extort the company for $500 of Bitcoin in exchange for the password...
Your girlfriend's father opened an email attachment he shouldn't have, you mean? edit: C'mon, folks. Cryptolocker isn't a bunch of hackers targeting individual network drives. It's spread via email. http://en.wikipedia.org/wiki/CryptoLocker
Well, he had to tell his wife something...