Justin Edwards, 27, of Coventry, Connecticut pleaded guilty today before United States District Judge Stefan R. Underhill in Bridgeport to four counts of bank fraud and one count of conspiracy to commit bank fraud. According to court documents and statements made in court, between July 2007 and March 2008, Edwards and a co-defendant stole balance…
Category: Financial Sector
DA: Nigeria scammer stole 150 IDs
Laura Italiano reports: As temps from hell go, officials say this one takes the cake — and whatever mother’s maiden names he can get his hands on. Manhattan prosecutors say a 19-year-old Nigerian computer whiz stole the personal financial information of 150 fellow employees during a brief but busy three-month temping stint at Bank of…
(Follow-up) Credit cards re-issued in Finland after data breach in Spain
A credit card security breach has been uncovered in Spain that may involve up to tens of thousands of Finnish bank and credit cards. So far it is not known exactly how many Visa or Master Card accounts have been compromised because of the information breach. Where in Spain the hacking took place is also…
Former Wachovia employee convicted of bank fraud and aggravated identity theft
Juan Rombado, a former Wachovia Bank employee, has been convicted of bank fraud and aggravated identity theft arising from several schemes aimed at defrauding his employer through the theft of customer identities, United States Attorney Tim Johnson announced. Indicted and arrested in August 2009, Rombado pleaded guilty to both counts before United States District Judge…
TD Ameritrade settlement rejected
Josh Funk of Associated Press reports that Judge Vaughn Walker has rejected the settlement offer by TD Ameritrade. The settlement was in response to a hack in 2006 nd 2007 which exposed customer contact information on 6.3 million clients. According to the AP, the judge found that the deal, which would give the affected customers…
AmEx scammer pleads guilty
Alexsandr Bernik, 28, of Roseville, California pleaded guilty yesterday in federal court to two counts of wire fraud relating to a scheme to extract funds from American Express cardholders by assessing small fraudulent charges on thousands of American Express cards. This case is the product of a joint investigation by the United States Secret Service…