What some mothers won’t do for their kids. A credit union employee and the mother of a death row inmate, was indicted Thursday tor stealing customer’s credit information to take out loans in their names. The Secret Service told WFTV Nazreen Mohammed was using the money to finance her son Dane Abdool’s defense. Mohammed is…
Category: Financial Sector
Citibank employee stole customers’ credit card numbers as part of 3-woman fraud ring
A New York woman was sentenced today to 30 months in prison for her role in a scheme that defrauded customers of a Florence, Kentucky bank out of over one million dollars. U.S. District Court Judge David L. Bunning sentenced 38-year-old Lisa Reid for one count of bank fraud and one count of aggravated identity…
A puzzling USAA Federal Savings Bank breach report and 10 more reports
Here are another 11 breach notifications submitted to the Maryland Attorney General’s Office. These were filed in May and June, and in all but one case, we didn’t know about them through the media or other sources. A breach involving USAA Federal Savings Bank had previously been noted on this site, but there’s more to…
NY man sentenced to 69 months for role in multi-national ID theft scheme
A New York man was sentenced yesterday to 69 months in prison for leading an identity theft conspiracy that targeted confidential customer account information to access victims’ home equity lines of credit (HELOCs). Hakeem Olokodana , 43, of Queens, N.Y., previously pleaded guilty before United States Judge William H. Walls on November 24, 2009, to…
Romanian sentenced to 15 months in prison for multi-state ATM skimming operation
A Romanian citizen, Nelut Ady Oana, 33, was sentenced yesterday to 15 months in prison for participating in a multistate ATM skimming scheme. According court documents and statements made in court, Oana and others conspired to install skimmers devices on ATMs and on card swipe access devices used by banks to control access to ATM…
Thursday head-scratcher: A cybercriminal who registers with MasterCard?
Monadnock Community Bank reported a breach to the New Hampshire Attorney General’s Office involving one of their customers, a New Hampshire resident. According to the bank’s notification of September 23, the customer reported six fraudulent transactions on his/her MasterMoney debit card involving Sharaf Travel in Dubai, UAE. When the bank tried to get the funds…