Legal

1025 articles tagged with this keyword

/Legal

Cash remains king for money laundering

Cash may be losing its lustre for the general public but it is still king for crooks looking to launder their ill-gotten gains, according to Europol.

/Legal

Goldman Sachs programmer has HFT code theft conviction overturned

Former Goldman Sachs programmer Sergey Aleynikov has had a conviction for stealing the bank's propriety HFT code thrown out for the second time.

/Legal

$14m ATM heist gang member jailed

A cybergang member has been sentenced to 50 months in prison for his part in a global ATM heist that saw $14 million dollars stolen in a single weekend.

/Legal

$55m ATM heist suspect extradited to US

A Turkish man accused of masterminding a series of ATM cyberheists that netted his gang $55 million, has been extradited to the US.

/Legal

European cops take down cyber-fraud ring

Police across Europe have arrested 49 suspected members of a cyber-gang accused of stealing EUR6 million through man-in-the-middle fraud.

/Legal

Home Depot battles bank and consumer lawsuits over data breach

The legal fallout from Home Depot's data breach continues, with the retail giant asking a court to dismiss a consolidated class action lawsuit filed by consumers just as a collection of financial institutions launch their own suit.

/Legal

Silk Road's Ulbricht sentenced to life in prison

Ross Ulbricht, the founder of the Silk Road, a dark web bazaar where shoppers bought and sold illegal goods with bitcoin, has been sentenced to life in prison.

/Legal

Charity sues CommBank for $2.5m related to IT bribery case

A US-based charity is suing Commonwealth Bank of Australia seeking the return of $2.5 million that Oz cops say was used to bribe two former CBA IT executives.

/Legal

MasterCard's $19m Target settlement falls through

MasterCard's $19 million settlement with Target over the retailer's data breach has collapsed in the face of opposition from banks.

/Legal

Ex-JPMorgan staffer charged with selling customer account info

A former JPMorgan Chase worker has been arrested by the FBI on charges that he stole customer account information and sold it to an undercover informant.

/Legal

Romanian police bust $15m cybergang

Romanian police have arrested 25 people accused of being part of a cybergang that used cloned cards to steal more than $15 million in thousands of ATM withdrawals around the world.

/Legal

Nasdaq agrees $26.5m settlement over botched Facebook IPO

Nasdaq has agreed to pay $26.5 million to settle a class action lawsuit over the technical glitches that marred the IPO of Facebook in 2012.

/Legal

UK trader arrested over 2010 'flash crash'

A British futures trader has been arrested after US authorities accused him of contributing to the 2010 "flash crash," which saw the S&P 500 index plummet 600 points in minutes, sending shockwaves through the global financial system.

/Legal

MasterCard in the firing line over $19 million Target settlement

Class action lawyers representing banks in litigation against Target have blasted MasterCard's $19 million settlement with the US retailer over the 2013 data breach.

/Legal

Russian cops nab alleged Nazi Android malware gang members

Russian authorities have arrested alleged members of a gang of "cyberfascists" accused of using Android malware to drain victims' bank accounts.

/Legal

Former Goldman programmer faces second trial over HFT code theft

Sergey Aleynikov, the former Goldman Sachs programmer who had a conviction for stealing the bank's propriety HFT code overturned is back on trial on charges related to the same incident.

/Legal

Ex-federal agents charged with stealing Silk Road-related bitcoins

Two former federal agents have been charged with stealing hundreds of thousands of dollars worth of bitcoin during the investigation of the Silk Road dark web marketplace.

/Legal

Former CommBank IT manager charged with bribery

A former IT executive at Commonwealth Bank of Australia has been charged with bribery over payments he allegedly received from a US tech vendor.

/Legal

Silk Road kingpin Ulbricht found guilty

Ross Ulbricht could face life in prison after being found guilty of seven charges related to his running of the Silk Road, a dark web bazaar where shoppers bought and sold illegal goods with bitcoin.

/Legal

NY Attorney General turns up the pressure on Barclays

New York's Attorney General Eric Schneiderman is ratcheting up the pressure on Barclays Bank as he expands his lawsuit accusing the bank of fraud in the operation of its US dark pool.