Facebook's privacy loop-hole - search and view private photos of anyone

Search and view photos of anyone through Facebook Graph Search even if they have privacy restrictions that prohibit you from seeing them.

For eg.

1. Go to the timeline profile of any of your friends of friends whose photos are not visible to you.
2. Then search for their name through Graph Search like this 'Photos of <person X>'.
BINGO!! You can now view all their pics that you couldn't see before.|

I don't know if this is a bug or what, and I hope it is. I also don't know if Facebook is aware of this and/or it has been reported yet.

I am just putting it out there so you people can be more aware. A stranger who doesn't even know you can graph search you and see all your pictures, download them to his computer and do whatever else. This is a crazy breach of privacy.