Legal

1159 articles tagged with this keyword

/Legal

Former IBM exec Moffat gets six months for insider trading

EX-IBM executive Robert Moffat has been jailed for six months for his part in the Galleon hedge fund insider trading case, which prosecutors call the biggest of its kind in history.

/Legal

Russian hacker gets suspended sentence for $9m RBS WorldPay heist

One of the ringleaders of the 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, has escaped with a six year suspended sentence, according to press reports.

/Legal

De La Rue calls in SFO over banknote production irregularities

Banknote manufacturer De La Rue has called in the Serious Fraud Office after establishing that staff "deliberately falsified" paper specification test certificates in a scandal the firm estimates will cost it at least £35 million.

/Legal

Drunken mortgage worker accused of shooting company server

An American mortgage firm staffer has been arrested after allegedly getting drunk and shooting the company's computer server.

/Legal

Norwegian day traders accused of breaking Timber Hill algo and manipulating prices

Norwegian police have arrested two men accused of cracking the algorithms of US broker Timber Hill and manipulating share prices, according to local press reports.

/Legal

Barclays to pay $298m to settle US sanctions case; judge critical of 'sweetheart deal'

Barclays is set to pay $298 million to settle criminal charges that it violated US sanctions by facilitating payments for Cuba, Iran, Libya, Sudan and Burma, among others.

/Legal

Russian carder arrested in France

A Russian accused of being one of the world's "most prolific" traffickers of stolen credit card data has been arrested in France and now faces extradition to the US.

/Legal

Alleged RBS WorldPay ATM heist ringleader extradited

An alleged mastermind behind the 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, has been extradited from Estonia to the US.

/Legal

Laptop repair man jailed over theft of e-banking details

A laptop repair engineer caught trying to hack into the bank account of an undercover Sky News reporter after stealing login details from her machine, has been sentenced to nine months in jail.

/Legal

Police arrest six over phishing scam

The Metropolitan Police's Central e-Crime Unit (PCeU) has arrested six people accused of phishing the details of more than 20,000 online banking and credit card accounts before using the information to steal millions of pounds.

/Legal

Aussie pleads guilty to bank Trojan charges

An Australian man accused of infecting over 3000 computers with malware designed to steal banking and credit card details has pleaded guilty, according to local reports.

/Legal

MP calls for penalties for card schemes over prepaid abuse

A UK member of parliament (MP) is calling for an end to anonymity for pre-paid credit cards when they are used to buy online child pornography.

/Legal

Former bank IT man pleads guilty to $1m ID theft scam

A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.

/Legal

Liquidnet says ITG drops patent counterclaim

A counterclaim lawsuit brought by Investment Technology Group (ITG) against Liquidnet after the latter sued for patent infringement has been dropped.

/Legal

Court backs Visa in trademark case

A US court has ruled a man cannot call his online English language tutoring business "eVisa" because it dilutes the trademark of card giant Visa, according to Reuters.

/Legal

FBI fails to crack Brazilian banker's hard drive codes

After a year of failed attempts, the FBI has admitted defeat in its attempts to crack the encryption codes protecting hard drives belonging to a prominent Brazilian banker arrested in connection with a money laundering investigation.

/Legal

Spain uses stolen HSBC data for tax probe

Spain has become the latest country to tap data stolen from HSBC's Swiss private banking arm by an IT employee to hunt down tax evaders.

/Legal

Police arrest teenagers linked to massive cybercrook forum

UK police have arrested two teenagers as part of an investigation into what is believed to be the biggest English language cybercrime forum in the world.

/Legal

Chip and PIN fraud gang members jailed

Members of a criminal gang that stole card details by tampering with chip and PIN terminals at petrol stations throughout southern England have been jailed.

/Legal

Card cloning raids net 178 arrests

Police in 12 countries have arrested 178 people accused of involvement in an international credit card cloning ring that is believed to have netted crooks around EUR20 million.