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Category: Financial Sector

Former Bank Of America Employee Pleads Guilty to Misappropriating More than $29 Million

Posted on February 4, 2009 by Dissent

In this incident, the defendant was first charged with the crime on January 22nd and pled guilty yesterday. The following is a statement from the United States Attorney’s Office for the Southern District of Florida: R. Alexander Acosta, United States Attorney for the Southern District of Florida, and Michael K. Fithen, Special Agent in Charge,…

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Ca: Cops warn of bank skimmer

Posted on February 4, 2009 by Dissent

Shawn Jeffords reports: Sarnia Police are warning customers of the ScotiaBank branch on Christina Street to watch their bank statements after skimming equipment was discovered on one of the branch’s ATMs Saturday morning. Police are searching for two men who may have information about the bank card skimming equipment. It’s not clear how long the…

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State Reaches Settlement With BNY Mellon

Posted on February 3, 2009 by Dissent

[…] BNY Mellon was directed to immediately notify each affected bank customer by mail and provide 24 months of credit protection for the financial accounts that might be affected by the data breach. In addition, BNY Mellon was presented and complied with numerous subpoenas from the Department of Consumer Protection concerning its actions before and…

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FBI Uncovers Worldwide $9M ATM Card Scam (RBS WorldPay)

Posted on February 3, 2009 by Dissent

John Deutzman reports: A Fox 5 investigation exposes a worldwide ATM scam that swindled $9 million and possibly jeopardized sensitive information from people around the world. Law enforcement sources told Fox 5 it’s one of the most frightening well-coordinated heists they’ve ever seen. (Watch my video report at left.) Photos from security video (see photo…

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Heartland breach continues to make headlines

Posted on February 3, 2009 by Dissent

A smattering: Heartland Data Breach: 21 New Institutions Linked Credit union reports breach to cardholders More banks say clients fell into `security hole’ (Canadian fallout)

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NC: Some CFCC students’ credit cards have been exposed

Posted on January 31, 2009 by Dissent

Another payment processor reported a breach this week…. People who paid Cape Fear Community College with a credit or debit card might have had their card numbers exposed, said Camellia Rice, vice president of business services at CFCC. The payment company which processes debit and credit card payments for CFCC announced Wednesday that its system…

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