Here’s an update to a case previously noted on this blog: Jamal Gerard Mose-Burrel, 22, of Houston, has been sentenced to a four-year-term of imprisonment for conspiracy to commit bank fraud and aggravated identity theft, United States Attorney Kenneth Magidson announced today. Mose-Burrel pleaded guilty Wednesday, May 2, 2012. Today, U.S. District Judge Lee H….
Category: Financial Sector
BMO Harris Bank notifies customers after laptop stolen from vendor
In the healthcare sector today, Harris County Hospital District reported a breach. In the financial sector, it’s BMO Harris Bank reporting a breach today. Any other Harris’s want to disclose a breach so we can have a Harris breach trifecta? Paul Gores reports: BMO Harris Bank said Thursday it has sent letters to an undisclosed number…
Bank vs. Customer Claims Rejected
Tracy Kitten reports: Labeling it “a very close call,” a U.S. district court has rejected a Mississippi bank’s efforts to have a former commercial customer held liable for losses, damages and legal costs in an ACH and wire fraud case. And one legal expert suggests the case could set a precedent for other similar fraud…
10 Greater Cleveland residents charged with bank fraud, identity theft
Donna J. Miller reports: Ten people from Greater Cleveland are accused of stealing a total of $207,000 from six banks in a scheme that involved an assistant bank manager and a salesman who supplied local businesses with cash registers and credit card machines. They were charged Friday with bank fraud and aggravated identity theft based…
Oops: Ulster Bank apologizes after losing some customers’ records
BreakingNews.ie reports that Ulster Bank has apologized to customers after an employee inadvertently dropped a folder containing customer info outside one of its offices but didn’t notice it. The folder was eventually returned to them.
Private Swiss bank Julius Baer confirms another insider data theft
Catherine Bosley reports that Swiss private bank Julius Baer has suffered another insider breach. If the bank’s name sounds familiar, it’s because another former employee claimed to have given WikiLeaks details of clients who were using the private bank to avoid paying taxes. In this case: According to the SonntagsZeitung, the stolen data on clients…