Emily Baucum reports that bankers boxes full of unredacted personal and financial records from former clients of Nation Wide Credit Counseling were found in a public dumpster in Battlefield, Missouri. As if that is not troubling enough, Baucum reports that “The Battlefield Police Department is investigating the situation, but the boxes are still in the…
Category: Financial Sector
NY: Romanian gets prison for Citizens Bank ATM fraud
Tiberiu Szebeni, 30, of Romania, who was convicted of bank fraud on Aug. 7, 2009, was sentenced to 27 months in prison and 5 years supervised release by Chief U.S. District Court Judge Richard J. Arcara, U.S. Attorney Kathleen M. Mehltretter of the Western District of New York announced on November 12. The defendant was…
CA: Three family members in ID theft credit card ‘bust-out’ sentenced
While many of us were getting ready for Thanksgiving, three members of a Los Angeles family who operated a credit card “bust-out” scheme in the neighborhoods surrounding the Little Armenia section of Los Angeles were sentenced to up to eight years in federal prison after pleading guilty to fraud charges. Arutyun Sarkisyan, 27, of the…
Spanish breach causes “largest bank-card security breach in Czech history”
Stephan Delbos reports: Clients of four major Czech banks could find their accounts blocked at their next visit to the ATM as a result of the largest bank-card security breach in Czech history. ČSOB, Raiffeisenbank, Česká spořitelna and Volksbank CZ have begun blocking thousands of bank cards for customers who made transactions in Spain in…
UK: Action taken after details of 110,000 individuals are stolen
The Information Commissioner’s Office (ICO) has found Verity Trustees Ltd to be in breach of the Data Protection Act after the Trustees reported the theft of a laptop computer containing the names, addresses, dates of birth, salaries and national insurance numbers of around 110,000 individuals. The laptop, which also contained the bank details of around…
Follow-up: Broker punished for dumping O.C. client data
Jeff Overley updates us on a previously reported breach: A Corona del Mar mortgage broker accused of dumping his clients’ financial information into public recycling bins has had his license suspended after declining to fight the allegations. According to state investigators, Paul Henry Reed, owner of Seaview Financial, closed his office in February, and boxes…