By Steve Neavling ticklethewire.com These bank robbers don’t wear masks or slip notes to a teller. “We’re in a day when a person can commit about 15,000 bank robberies sitting in their basement,” said Robert Anderson, executive assistant director of the FBI’s Criminal Cyber Response and Services Branch. The FBI and Secret Service warned companies…
By Steve Neavling ticklethewire.com Wall Street won’t be sad to see Tony West go. The highest-ranking prosecutor who gained more than $30 billion in settlements from Wall Street banks plans to leave the public sector, the New York Times reports. West, who is the No. 3 Justice Department officials, plans to leave Sept. 15. The…
By Steve Neavling ticklethewire.com JPMorgan Chase was among at least five financial institutions recently hacked in coordinated attacks, the USA Today reports. A federal law enforcement official told USA Today that investigators believe Russian attackers were behind the hacking. Now FBI agents are trying to determine whether the attacks were related to U.S. sanctions against…
By Danny Fenster ticklethewire.com We’ve all been annoyed to find a hidden banking fee lurking in the shadows of our bank statements from time to time. But a Utah man took that frustration to another level, according to an Associated Press report out of West Jordan, Utah. Joshua Raymond Townsend, 20, is facing a federal…
By Allan Lengel ticklethewire.com Swindler Bernie Madoff, the king of Ponzi scams, told the New York Times that his family new nothing about his crimes, and that banks and hedge funds were “complicit” in his fraud and knew he was up to no good. From prison on North Carolina, Madoff said banks and hedge funds…
By Allan Lengel ticklethewire.com FBI officials are warning major Wall Street banks that al Qaeda terrorists in Yemen may be plotting to attack their institutions or top executives, NBCNewYork reported. The TV station reported that intelligence officials stressed that the threats were general in nature and there was “no indication of a targeted assassination plot”…
By Allan Lengel ticklethewire.com WASHINGTON — The Obama administration is making moves to try and get a better handle on the activities of terrorists. Charlie Savage of the The New York Times reports that federal law enforcement and national security officials plan next year to seek new regulations from Congress that would allow agencies to…
By Allan Lengel ticklethewire.com A big time Democratic donor and finance chairman of the Hillary Clinton’s 2008 campaign, was sentenced Thursday in federal court in Manhattan to 12 years in prison, the Justice Department announced. Hassan Nemazee, 60, was sentenced for stealing nearly $300 million from three banks in what authorities described as a Ponzi…
