The Associated Press reports that authorities in New Jersey have charged two Bulgarian men with scanning personal information from ATM machines and withdrawing more than $200,000 from customers’ accounts. Lachezar Lazarov and Georgi Nikiforov appeared in federal court in Newark on Tuesday and were ordered held without bail…. They are accused of installing devices on…
Category: Financial Sector
FinCEN report: Identity Theft Trends, Patterns, and Typologies Reported in Suspicious Activity Reports Filed by Depository Institutions January 1, 2003 – December 31, 2009
From the Financial Crimes Enforcement Network report, Identity Theft Trends, Patterns, and Typologies Reported in Suspicious Activity Reports Filed by Depository Institutions January 1, 2003 – December 31, 2009, the Executive Summary: Identity theft was the sixth most frequently reported characterization of suspicious activity within the period of the study, behind structuring/money laundering, check fraud, mortgage loan fraud,…
FSA loses 41 laptops and Blackberries in three years
From the U.K. -ministry-of-irony: A regular criticism from the FSA when it comes to issuing bans on financial advisors is that they failed to demonstrate being ‘a fit and proper person’… the regulator might want to discuss these attributes with its workers, who have lost 41 laptops and Blackberries in the last year. All of…
Spanish national pleads guilty to ATM skimming in Pennsylvania
A foreign national from Spain pleaded guilty in federal court to conspiring with a Romanian national to install electronic skimming devices on PNC Bank ATMs located throughout Western Pennsylvania in April and May of this year, United States Attorney David J. Hickton announced today. Felipe Juan Lopez, 34, of Spain, pleaded guilty to one count…
Today’s WTF moment: Yeah, I failed at protecting your data. Please vote for me.
Maybe he thinks any publicity is good publicity, but the Jackson Hewitt franchise owner who was caught dumping employee and client files containing personal information has announced that he’s running for City Council. News4Jax reports: A former tax service franchise owner who admitted Monday to dumping employees’ and customers’ personal information in the trash outside…
Germany Buying More Stolen Data as Tax Agreement With Switzerland Nears
Patrick Donahue reports: German authorities confirmed the purchase of another CD with stolen Swiss bank information as authorities aim to finalize an agreement with Switzerland that may curb tax evasion and bring a windfall in tax revenue. Officials in the western city of Muenster paid 1.5 million euros ($2.1 million) for a CD with data…