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Category: Financial Sector

Bits ‘n Pieces

Posted on March 28, 2009 by Dissent

In the justice system: A skimmer that was attached to the Bank of America ATM in Bethlehem, PA, compromised 286 accounts. More. An estimated $1 million was skimmed this week from the accounts of people who used some ATMs in Melbourne. The ANZ Bank has canceled about 2000 cards. Five Romanian men have been charged…

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California mortgage broker charged in multimillion-dollar identity theft ring

Posted on March 28, 2009 by Dissent

Don Thompson of the Associated Press reports that Jerry Van Le has been accused of using stolen Social Security numbers from about 25 people to make purchases and then selling the personal information to over 2,000 other individuals in a multimillion-dollar identity theft ring. Le reportedly used his role as a mortgage broker to obtain…

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Aussie stumbles on 19,000 exposed credit card numbers

Posted on March 20, 2009 by Dissent

Ry Crozier of iTnews reports: A defunct payment gateway has exposed as many as 19,000 credit card numbers, including up to 60 Australian numbers. The discovery by a local IT industry worker was made by mistake and appears to be caused by a known issue with the Google search engine, in which the pages of…

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6 from Hudson indicted in $6M credit card fraud, identity theft swindle

Posted on March 18, 2009 by Dissent

Michaelangelo Conte of The Jersey Journal reports that six Hudson County residents have been indicted on charges they operated a credit card fraud and identity theft ring that swindled financial institutions out of more than $6 million. The six are charged with identity theft, theft by deception, money laundering and conspiracy. Read more.

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VA: Auction hunter finds personal data

Posted on March 17, 2009 by Dissent

A man who bid on seven file cabinets at a storage auction discovered dozens of files inside with personal and financial information that belonged to Breakwater Mortgage Corporation. The firm had gone out of business last year. When contacted, they claimed that no one had been able to access the files after the company went…

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California Dept. of Real Estate seeks to yank Seaview Financial’s license

Posted on March 17, 2009 by Dissent

Jeff Overley of the Orange County Register reports that the state Department of Real Estate wants to suspend or revoke the license of mortgage broker Seaview Financial for dumping 24 cartons containing confidential and detailed financial records on 350 customers in an elementary school’s bins (see photos). The owner, Paul Henry Reed, had denied wrongdoing…

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