A news report from The Nation in Nigeria tells the sad tale of a customer of BankPHB in Nigeria and how he was the victim of rogue bank employees who used his bank account for fraudulent purposes. When the customer tried – repeatedly – to get his account sorted out with bank officials, he wound…
Category: Financial Sector
Twelve indicted in $10 million bank fraud conspiracy operated by a “network” that included bank employees
A federal indictment unsealed yesterday in St. Paul charges 12 people who reside in Minnesota, California, and New York with orchestrating a $10 million bank fraud conspiracy that featured a network of bank employees and others, operating locally and nationally. What’s notable about this case is that it appeared to be a coordinated ring relying…
Bank employee accused of selling account numbers
Brad Leibowitz reports: A bank employee is under arrest after police charged her with selling account numbers of customers. On Feb. 28, police department officers arrested TD Bank of Elmwood Park employee Davasia Williamson, 22, of Bogota, in connection with the selling of private bank account numbers. According to police reports, Williamson was selling personal…
Swiss Prosecutor Releases Person In Credit Suisse Data Theft Case
Switzerland’s prosecutor said Thursday an undisclosed person arrested last month as part of an investigation into data allegedly stolen from Swiss bank Credit Suisse Group (CS) was released from custody. “Our investigation has advanced so well that we released the accused person from custody last Friday,” spokesman Jeannette Balmer said in an emailed statement. She…
Breach at Integrity Bank Plus results in access to MicroBilt credit reports for 500 consumers
Via the Wisconsin Office of Privacy Protection: Sometime between December 23 – 28, 2010,MicroBilt Corp, a reseller of credit bureau information experienced a breach involving one of their customers, Integrity Bank Plus. IBP’s breach affected about 500 consumers whose credit information may have been improperly accessed. MicroBilt Corp has sent letters to those affected and…
Ozarks Woman Gets Letter From Bank with Social Security Number on Envelope
Joanna Small of WSBT reports that a lien release mailed to a customer by Commerce Bank included the customer’s social security number on the envelope, right under the customer’s name: […] We talked to a Commerce Bank spokesperson Saturday evening. She says the bank will immediately look into the Martin’s situation and have an explanation…