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Lutz Otte, German IT specialist employed by Julius Baer, sentenced to 3 years for Swiss data theft

Posted on August 23, 2013 by Dissent

Oliver Hirt reports on sentencing in a 2011 breach reported previously on this blog:

 A Swiss court on Thursday sentenced a 54-year-old computer specialist to three years in jail for selling client data from Swiss bank Julius Baer to the German tax authorities, after the man agreed a plea deal with prosecutors.

[…]

Otte sent 15 emails from his work computer to his private account with attachments containing client names, addresses, account numbers, account balances and currencies, according to the arraignment.

Read more on trust.org.

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Category: Financial SectorInsiderNon-U.S.Theft

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