20 August 2014

BofA worker arrested over customer data theft

27 May 2011  |  6225 views  |  0 Bank of America Logo web screen shot

A former Bank of America worker accused of stealing customer data and selling it on to crooks may have cost the firm at least $10 million.

The ex-employee was one of 95 people arrested in relation to the fraud in February, US secret service special agent James Kollar told the IDG News Service.

The Los Angeles Times says names, addresses, social security numbers, phone numbers, bank account numbers, driver's license numbers, birth dates, e-mail addresses, mother's maiden names, PINs and account balances were all stolen and used to defraud the bank.

Andrew Goldstein, a victim, told the paper that crooks used the information to order new cheques for two of his three currrent accounts. They then called the bank and asked for money in his third account to be transferred to one of the others and went on a spending spree with $23,000 of his money.

Goldstein was one of about 300 victims in the Western United States, a bank spokesman told the LA Times.

KeywordsLEGAL

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related stories

27 May, 2011
24 May, 2011
14 March, 2011
15 December, 2010
09 April, 2010

Related company news

 

Featured job

to $120k base ($250k OTE including commission), be...
Boston, MA (USA)

Find your next job