John Fleck reports: Someone accessed the bank account of the New Mexico Educational Assistance Foundation earlier this month, making off with as much as $700,000. The nonprofit foundation manages federal student loans worth $1.3 billion for 94,000 New Mexicans, said the organization’s president, Elwood “Woody” Farber. Farber said only the foundation’s bank account, not any…
Category: Financial Sector
UK: Tesco Bank fraud risk after data lost in post
Ed Monk reports: Tesco Bank has lost the personal details of dozens of customers, leaving them exposed to the risk of fraud, after staff sent unprotected personal data in the post. It is thought the customers affected were already in angry dispute with Tesco Bank over charges for controversial payment protection insurance on Tesco credit…
Hacked investment firm says hack intended as a launch pad
Attorneys for Resnick Investment Advisors in South Carolina have notified the New Hampshire Attorney General’s Office that in June 2010, the investment firm’s network was breached. The breach was discovered on June 22, and the means of attack identified and reported to the FBI. An investigation into the incident reportedly indicated that the breach did…
AZ: Mesa police arrest former bank employee for identity theft
Stephanie Russo reports: Mesa police arrested a former bank employee who they said used a stolen identity and her own address to apply for credit cards, court records state. An investigation into a reported credit card theft led officers to Esther J. Hulse, a former Arizona Federal Credit Union employee from Phoenix, Wednesday morning, court…
New CD on German tax dodgers surfaces
Another CD packed with evidence of German tax evasion on money totalling €500 million has been spirited out of a bank in Liechtenstein and is being offered to investigators, media reported Thursday. The data was offered to tax authorities in the northern state of Schleswig-Holstein months ago. The CD contains details of hundreds of Germans…
FL: Medical, credit files found in dumpster
Steve Gehlbach reports: They were tossed out with the trash. Dozens of boxes filled with personal records turned up Sunday night in an Orlando dumpster. […] Orlando Police are investigating where the documents came from and what, if any, crime was committed. Police say it was a cleaning man who put the old records in…