27 April 2015

BofA worker arrested over customer data theft

27 May 2011  |  6346 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

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