Iain Thomson reports:
The FBI has charged a former JP Morgan employee with selling customer information to thieves who wanted to empty accounts without triggering any alarms.
Unsealed court records [PDF] recount that Peter Persaud, who worked at JP Morgan’s Brooklyn branch, contacted an undercover FBI informant, and allegedly offered to sell him the account details of a customer. For $2,500, Persaud offered the account’s number and PIN, along with the customer’s identifying information so withdrawals could be made, it is claimed.
Read more on The Register.