Cyber theft charges brought against eight separate individuals
At least eight individuals have been charged for the claimed cyber theft" of at $15 million. It is claimed that some of this activity occurred in New YorkIt is alleged that through unauthorized access to computers the individuals charged were able to divert customer funds to their own bank accounts. It was also charged that these individuals would involve others to make ATM withdrawals and fraudulent purchases.There have been a number of similar types of conspiracies supposedly being committed by individuals around the globe. It has also been described as the moving of money "without using traditional banking."Any individual convicted of taking part in such a scheme could be facing years of imprisonment. These same people may also be asked to pay restitution for money that they may or may [...]