1025 articles tagged with this keyword
News/Legal
A US man involved in a $2.9 million wire fraud scam targeting Citi has been jailed for eight years.
25 March 2011
Federal agents have arrested the alleged organiser of an international securities fraud ring that employed hackers, botnet operators and e-mail spam distributors to artificially inflate the value of penny stocks.
22 March 2011
Former Goldman Sachs programmer Sergey Aleynikov has been sentenced to eight years and one month in jail for stealing the bank's propriety high-frequency trading code.
21 March 2011
The London Stock Exchange has admitted that it unfairly dismissed former Turquoise chief executive Eli Lederman but is contesting other claims at his employment tribunal.
18 March 2011
The London Stock Exchange is being sued for unfair dismissal by Eli Lederman, the former chief executive of its Turquoise platform, according to Reuters.
15 March 2011
US authorities have charged 12 people - including several bank employees - in relation to a $10 million fraud conspiracy.
11 March 2011
A UK teenager who ran a Web site retailing stolen credit card details and cybercrime tools has been jailed for five years.
04 March 2011
Banking giant HSBC has agreed to pay $5.5 million to settle a patent infringement case with payment processing outfit LML Payment Systems.
03 March 2011
Former SocGen trader Samarth Agrawal has been sentenced to three years in jail for stealing the bank's high frequency trading code.
A Chicago judge has fined Rosenthal Collins Group $1 million for misconduct in a patent infringement case involving Trading Technologies International.
02 March 2011
A US man has been sentenced to eight years and one month in prison for running an $80 million Ponzi scheme involving fake investments in automatic teller machines.
01 March 2011
Members of an ATM card skimming gang that counted the husband of Irish president Mary McAleese among its victims have been jailed.
11 February 2011
A Russian man has pleaded guilty to his part in a 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, according to press reports.
08 February 2011
Allied Irish Bank (AIB) has begun court proceedings against Oracle Financial Services Software, claiming nearly EUR84 million over a bungled Flexcube implementation, according to broadcaster RTE.
31 January 2011
A Chinese man has been jailed for 10 years for building a fake cash machine and using it to steal victims' bank card details, according to local press reports.
28 January 2011
UK police have arrested five people in connection with the recent spate of DDoS attacks on Web sites belonging to Mastercard, Visa and PayPal, among others, in support of the WikiLeaks cause.
27 January 2011
A US judge has ruled that Investment Technology Group (ITG) did not infringe the patent of rival outfit Liquidnet.
06 January 2011
A former JPMorgan Chase business analyst is suing the bank after claiming she was sacked for blogging in her spare time.
US authorities have raided the house of two foreign exchange students suspected of involvement in a Vietnam-based crime ring that uses stolen credit card numbers, eBay and PayPal to con retailers out of millions of dollars.
05 January 2011
Bank of American has won a court order temporarily preventing four former wealth management employees from using client data at their new firm, Dynasty Financial Partners, a provider of technology and services to investment advisors.
15 December 2010
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