27 March 2005

U.S. laws do not apply to work sent overseas to foreign-owned companies

As jobs go offshore, so shall the incidents of identity theft rise in conjunction.
That means seeking damages in the U.S. civil justice system in cases of abuse involving overseas companies is all but impossible.

That's because it's so hard to straighten out the tangled relationships among the foreign companies that contract with U.S. companies but then subcontract with other foreign-owned companies.

Here's the scary part: Identity theft may already be commonplace at foreign companies now doing the outsourced work.

The Federal Trade Commission estimates that 3.2 million Americans are victimized every year. Nobody knows where all the thefts are occurring, which makes the crime even more frightening.

Your data is a click away for foreign nationals working in locales where bribery is commonplace and a small sum can fetch all your critical identification keys including social security numbers, bank account numbers, credit card account numbers, etc.… And where such transgressions remain totally out of the sphere of American jurisprudence.

Consider this the next time you hear some think tank pundit pontificate on how glorious globalization and the mass migration of work from American shores is…

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