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Ex-HSBC Employee Falciani Said Indicted on Swiss Bank Data Theft

Posted on December 11, 2014 by Dissent

Hugo Miller reports:

A former computer technician for HSBC Holdings Plc (HSBA) “celebrated as a hero abroad” was indicted in Switzerland on charges of industrial espionage and violating the country’s bank secrecy laws, prosecutors said.

The Swiss Attorney General’s office, without identifying the suspect as is its custom, said in a statement today that the country was prepared to try him in absentia. The statement refers to Herve Falciani, the technician accused of stealing client data in 2008 from HSBC’s Geneva office and passing it to French authorities, said a person with direct knowledge of the case who asked not to be identified.

Read more on Bloomberg News.


Related:

  • Swiss Confirm Falciani Arrest in Spain Over HSBC Data Theft
  • Hervé Falciani, self-proclaimed HSBC whistleblower, sentenced in absentia to five years’ jail over biggest leak in banking history
  • HSBC insider breach: Fallout continues for private banking clients and the bank
  • Falciani court date set over bank data theft charges
  • Court case against former HSBC Private Bank employee adjourned
Category: Financial SectorInsiderNon-U.S.Theft

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