If you send me your bank account info, I can set you up with one of these sites and you can make lots of money! Trust me, I'm the Vice Prince of Nigeriastan.
For most businesses, they don't ask much, but for government workers and contractors, there is this process called vetting. They do credit reports on you, a security clearance, and when they pay you it's direct deposit so they have your account information. In the vast majority of cases, this is safe. But with no government oversight on contractors (thanks W), one bad apple is all it takes to get your credit ruined, withdrawals made from your account, or your identity stolen.
I wouldn't expect other businesses to give you a 20-30 page job application, or long interview, but the government does.
My theory is that in these hard times where people are desperate, there are those willing to risk getting caught, which is very remote in the defense industry, to make a few extra bucks. Nobody is stupid enough to take out too much from your account at once, or start taking money out right away.
A smart criminal would take out very small amounts very infrequently from many, many accounts as to not raise suspicion.
Before getting identity theft protection from my bank, my perception was that identity theft is very rare and a marketing ploy from identity theft companies, and that, yes, this type of fraud was usually from places like Nigeria or China.
Anyway, I got a bad surprise by "trusting" a worker from a government agency. Heck, Madoff was the chairman of NASDAQ, and people trusted him for his resume.
