It's not just swear-words: A credit card processor I used to work with wouldn't accept a payment from Mr. Echo because they regarded it as an attempt to hack them.
it's not online only either, I had university classes with a guy whose family name sounds like a swear word, and since to attend exams you had to preregister on a big dead-tree book left alone, usually teachers assumed it was a joke and didn't account for him.
At my fathers server farm, they had a scottish colleague called "Ronald McDonald". That regularly led to hotlines hanging up when he tried to order replacement parts...