Phil Villarreal writes: Legitimate businessmen aren’t the only ones who need stimulus packages to get their games rolling again. Dudes who dig through peoples’ mail and steal debit cards can also use a little loving. HSBC understands this fact and is helping out by sending out pre-activated debit cards, Knowzy reports. There are reports that…
Category: Financial Sector
(follow-up) Former FDIC Employee Fined for Leaking Financial Data
Merikay Wootton, 63, Lenexa, Kan., has been sentenced to 24 months probation and fined $3,600 for disclosing confidential information while she was an employee of the Federal Deposit Insurance Corporation. Wootton pleaded guilty to unlawfully disclosing confidential information from a government agency. In her plea, she admitted she was working as a loan officer for…
Former Bank of New York Mellon computer tech pleads guilty
The Associated Press reports that Adeniyi Adeyemi, a former computer technician at Bank of New York Mellon, pleaded guilty to computer tampering and other charges. Adeyemi reportedly admitted to stealing 2,000 other employees’ identities and then using their ID’s for years to loot about $1 million from charities. Adeyemi had been indicted in October…
Bank of New York Mellon granted summary judgment in lost backup tapes lawsuit
Brandon Tavelli writes: On June 25, 2010, Judge Richard Berman of the U.S. District Court of the Southern District of New York granted summary judgment to The Bank of New York Mellon Corp. in Hammond v. The Bank of New York Mellon Corp., dismissing in its entirety a putative class action lawsuit arising from the…
SC: Private Information Found In Greer Dumpster
WSPA in South Carolina reports that a consumer tipped them that a dumpster was filled with sensitive personal and financial information. The story doesn’t name the business, but the video coverage names it as Merrimack Mortgage:
e-Banking Bandits Stole $465,000 From Calif. Escrow Firm
Brian Krebs writes: A California escrow firm has been forced to take out a pricey loan to pay back $465,000 that was stolen when hackers hijacked the company’s online bank account earlier this year. In March, computer criminals broke into the network of Redondo Beach based Village View Escrow Inc. and sent 26 consecutive wire…