Got PayPal? Want Your Transfers Investigated?

Why worry about identity theft? Chances are its going to happen anyway because the companies and institutions you trust with your info hand it all over to the government on a pretty regular basis.

The Internal Revenue Service won approval from a federal court to ask PayPal to turn over information about people who might be evading taxes by hiding income in other countries, officials said Tuesday.

A federal court in San Jose gave the IRS permission to ask PayPal -- a company that enables online money transfers -- for account information for American taxpayers who have bank accounts, credit cards or debit cards issued by financial institutions in more than 30 countries reputed to be tax havens. PayPal is owned by San Jose online auction company eBay.

I'll give PayPal a little credit here. It took a court order.