The hoaxes I chose to focus on are those that affect or are about financial institutions. The hoax that specifically affected Bank of America was from May 2003 and is included below. I feel that one of the worst things that can happen to a consumer is to have their financial information stolen and used. I view it as a violation of some of our most private information. It can lead to mistrust and misconception of the safety of financial institutions which, in my experience, actually have some of the most rigid privacy standards. Monies stolen in this manner are not often recovered and typically, the consumer's credit history and rating are adversely affected. Aside from the major amount of work to correct a credit rating, the consumer now does not have the same ability to buy a car or home as before the theft. A couple of web sites that refer to the Bank of America instance are: http://www.scambusters.com/Scambusters63.html http://hoaxbusters.ciac.org/HBScams.shtml#boa Bank of America hoax from May 2003. Dear Valued Customer,- Our new security system will help you to avoid frequently fraud transactions and to keep your deposited funds in safety. - Due to technical update we recommend you to reactivate your account. Click on the link below to login and begin usingyour updated Bank of America account.To log into your account, please visit the Bank ofAmerica website at:https://www.bankofamerica.com/index.htmlTo review your statement, log into your Bank ofAmerica account and click the eStatements & eNotices button in the left navigation of your Account Summary page. Your new statement is listed in the left navigation of the page.If you have questions about your online statement, please send us a Bank Mail or call us at 1-888-BKONWEB (256-6932). We appreciate your business. It's truly ourpleasure to serve you. Bank of America Customer Care This email is for notification only. To contact us,please log into your account and send a Bank Mail. "Experience is what you get when you don't get what you want." Janet Przystas jprzystas@xxxxxxxxxxx