The Jerusalem Post reports: Eight former bank employees, in Israel and Thailand, tried to extort millions of shekels from Leumi Card Ltd., the credit card issuer affiliated with one of the nation’s largest banks, police said on Sunday. The ex-employees threatened that if they didn’t get the money, they’d sell the details of millions of…
Category: Financial Sector
Two Tennessee blokes use default ATM codes to steal over $400,000
Delwyn Pinto reports: When a small-time Tennessee restaurateur named Khaled Abdel Fattah was running short of cash he went to an ATM machine. Actually, according to federal prosecutors, he went to a lot of them. Over 18 months, he visited a slew of small kiosk ATMs around Nashville and withdrew a total of more than…
Citizens Bank Manager Sentenced to 30 Months in Prison for Identify Theft Scheme
Paige McAtee reports: A Stoneham bank supervisor was sentenced to 30 months in federal prison on Monday for his involvement in a stolen identity refund fraud scheme in which he opened bank accounts to receive fraudulent proceeds. Carlos Mauricio Gonzalez, 30, of Revere, opened business and personal bank accounts that were to receive proceeds from…
FL: Former Regions banker gets prison time, $1M+ judgment in ID theft
Margie Manning has an update to an insider breach first noted on this blog in May 2011: A federal judge in Tampa sentenced a former personal banker for Regions Bank to seven-and-a-half years in prison for her role in an identity theft scheme. The court also entered a money judgment of $1.17 million against the former banker, Howayda Hamdan….
HSBC Turkey says credit card information of 2.7 mln customers stolen
Let’s treating this as breaking news, because I expect Reuters will add details to this report later: HSBC Turkey said on Wednesday cyber criminals had stolen credit card information of 2.7 million of its customers in Turkey and that additional security measures to monitor transactions had been put in place. HSBC Turkey said in a statement…
KS: Former G.E. Consumer Finance Employee Sentenced On Federal Computer Fraud Charge
KANSAS CITY, KAN. – An Olathe man was sentenced Tuesday to three years in federal prison for computer fraud, U.S. Attorney Barry Grissom said. Ryan Cauble, 41, Olathe, Kan., pleaded guilty to one count of computer fraud. In his plea, he admitted he committed the crime while he worked for G.E. Consumer Finance, a saving…