Preet Bharara, the United States Attorney for the Southern District of New York, announced that Terrence Chalk, the former CEO of Compulinx Managed Services, was sentenced yesterday to 76 months in prison for his participation in a conspiracy to make false statements and representations to financial institutions in connection with applications for loans, lines of…
Category: Business Sector
Fresno man convicted in ID theft scheme
Pablo Lopez reports: A jury took less than three hours to convict a Fresno man making fake identification cards and masterminding a scheme in which credit card information was unlawfully obtained from unsuspecting restaurant customers. Brett Ronald Matteson Jr., 38, wiped tears from his eyes when the 105-count verdict was announced today in Fresno County…
Hotel chain Starwood warns of possible credit card fraud
Customers who stayed at one of the hotels owned by international hotel conglomerate Starwood within Germany may have been victim to widespread credit card fraud, the company confirmed on Tuesday. The New York-based company owns chains such as Sheraton, Westin and Le Méridien, and believes that some customers who carry “Miles and More” cards –…
Texas Bank Sues Customer Hit by $800,000 Cyber Heist
Brian Krebs reports: A machine equipment company in Texas is tousling with its bank after organized crooks swiped more than $800,000 in a 48-hour cyber heist late last year. While many companies similarly victimized over the past year have sued their banks for having inadequate security protection, this case is unusual because the bank is…
For sale: Personal details of millions of Ladbrokes gamblers
Jason Lewis and Sandra White report: The confidential records of millions of British gamblers who bet with top bookmaker Ladbrokes have been offered for sale to The Mail on Sunday. The huge data theft is now at the centre of a criminal investigation after this newspaper was given the personal information of 10,000 Ladbrokes customers…
AU: Support Staff survives data theft attempt
Ry Crozier reports: A recruiter hit by a thief attempting to install malware had fielded calls from government departments anxious for assurances that the business’s IT systems were not breached. Support Staff Australasia’s managing director Richard Gilham told iTnews he had assurances from police investigators and his IT team that the thief did not access…