Related to the big news out of Southern District of New York earlier today about the mega-hacking and fraud scheme that allegedly impacted financial institutions, stock prices, and online gambling casinos, another indictment was unsealed in Atlanta against two of the defendants: Three people were charged in an indictment unsealed Tuesday in Atlanta with an…
Category: Financial Sector
JPMorgan Among Victims of Vast Criminal Hacking Enterprise
Greg Farrell and Patricia Hurtado report: JPMorgan Chase & Co. was among the targets of the biggest theft of customer data from U.S. financial institutions in history, prosecutors said in announcing charges against four men accused of running online schemes including stock manipulation and casino gambling that generated hundreds of millions of dollars. The new allegations…
VA: Brothers Sentenced for Leading Bank Fraud and ID Theft Scheme
Ray Ekobena, 27, of Alexandria, and his brother, Stefan Ekobena, 24, of Atlanta, were sentenced today for leading a five-year check fraud and identity theft conspiracy. Co-conspirator Rodney Hardy, 25, of Hyattsville, Maryland, was also sentenced today for his role in the scheme. According to statements of fact filed with the plea agreements, Ray Ekobena…
Bank of England and US authorities to simulate cyber-attack
Nothing could possibly go wrong, right? Tim Wallace reports: The biggest banks in the UK and US will face a simulated major cyber-attack from the Bank of England and its US counterparts this month, as officials probe the industry’s ability to withstand assaults from hackers looking to steal data or cripple the financial sector. The…
UK: Optimal Payments says investigating data breach allegations
Mamidipudi Soumithri reports: British mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised and was available in the public domain. Optimal shares fell 11 percent to 309.5 pence, their sharpest fall in a day this year and lowest since Sept….
Ex-Goldman Banker and Fed Employee Will Plead Guilty in Document Leak
Ben Protess and Peter Eavis report: A former Goldman Sachs banker suspected of taking confidential documents from a source inside the government has agreed to plead guilty, a rare criminal action on Wall Street, where Goldman itself is facing an array of regulatory penalties over the leak. The banker and his source, who at the time of…