Christopher Staab of Airline Information just pointed me to an article about loyalty fraud:
http://www.tnooz.com/2012/11/29/news...mber_191725636

At first I was curious thinking it deals with folks bending the rule within the rules (I hear some of them frequent this forum ) and selling awards like mileage brokers etc, but this article focuses more on crooks getting hold of loyalty program access data and then draining accounts to redeem rewards. (OK the selling of an award via ebay in the article is bovine residue...)

Recently I saw David Armano tweet that his thank you point account was (cr)hacked into, but in general I don't see much reports of fraud happening to FTers. What are your experiences?