A Hampton woman stands charged in Williamsburg of using her Wachovia bank teller position to access customer information and open fraudulent credit card accounts in their names for a commission. On the severity scale of identity theft — a crime the Federal Trade Commission says victimizes nine million Americans each year — the case involving…
Category: Financial Sector
FL DOE loses loan promissory notes
Bill Cotterell of the Tallahassee Democrat reports a breach involving the Florida Department of Education’s Office of Student Financial Assistance: The agency is notifying 475 student-loan borrowers that their financial records have been exposed to identity theft because the OSFA managed to lose 1,186 “promissory notes” that they signed when they were going to school,…
Former bank exec held for card fraud
Over in India: A Former assistant manager with two multinational banks has been arrested for credit card fraud estimated at Rs 4 crore. [Note from Dissent: that may, or may not be, about $821,000 — I’m horrible on currency conversions, help!] According to the police, Ravi Kumar Sindhu, 23, cheated at least 75 people in…
Ex-MoneyGram boss in money laundering case
7NewsBelize.com reports on this case out of Belize: The money laundering scandal at the Coye Moneygram Agency is big – apart from one point five million dollars in cash stuffed in suitcases, and seven people charged with money laundering, we’ve also got wholesale identity theft and fraudulent misuse of the entire driver’s license database. But…
Former AmEx employee stole account numbers
Two Phoenix men are accused of stealing thousands of American Express card numbers and swindling more than a million dollars from customers. Timothy Curley, of Phoenix, is at the center of the Secret Service investigation. […] Police discovered during their investigation that Curley had not only worked as a computer database analyst for American Express,…
Bluegrass CU loan officer sentenced
The United States Attorney’s Office and the Federal Bureau of Investigation jointly announced that a loan officer in Ashland was sentenced on July 6 for using a scheme to embezzle more than $165,000 from her employer. Crystal Smith, 36, of Greenup, Ky. was sentenced to 57 months in prison by United States District Court Judge…