NWI Times reports: A woman Monday entered into a plea agreement in connection with an alleged identity theft scam that impacted various retailers in Northwest Indiana and elsewhere. Under the plea agreement with the U.S. attorney’s office, Kathryn Jackson said she will plead guilty to three counts of identity theft. From October 2010 through Jan….
Category: Financial Sector
Broward Resident Sentenced For Role In Bank Fraud Involving Stolen Identity Tax Refunds
Willy Toussaint, 43, of Lauderhill, Florida, was sentenced by U.S. District Judge Beth Bloom to 46 months in prison, to be followed by five years of supervised release stemming from his convictions to one count of Conspiracy to Commit Bank Fraud, in violation of Title 18, United States Code, Section 1349, and two counts of…
Credit union notifying customers after drive with personal info lost
Palm Springs Federal Credit Union has been notifying its members after an external drive with their names, addresses, Social Security numbers, and account numbers was lost on or about October 20. In a letter to those affected, CEO Debbie Pitigliano writes that the CU was required to provide the data as part of its regulatory obligation for audits,…
FTC Says Debt Broker Disclosed Too Much
Dan McCue reports: Debt broker Bayview Solutions LLC posted the debt portfolios of 28,000 consumers online, including their bank account numbers and other identifying information, the Federal Trade Commission claims in a federal lawsuit. Bayview Solutions was established in 2008 and does business as Bayview Risk Management Capital and Bayview Commercial Recovery. It’s primary business…
Luck Played Role in Discovery of Data Breach at JPMorgan Affecting Millions
Matthew Goldstein and Nicole Perlroth report: When it comes to defending a large company against an online attack, sometimes luck and timing can mean as much as spending hundreds of millions of dollars a year on computer security. The broad attack this summer on JPMorgan Chase, which compromised information for 76 million households and seven…
Former federal IT contractor sentenced for disabling Fannie Mae website after his employment terminated
On October 10, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) today announced that Sathish Kumar Chandhun Rajendran, 36, of Sterling, Va., was sentenced on October 3, 2014, for engaging in unauthorized access to government servers that hosted a Fannie Mae website used to support federal mortgage loan modification…