Ex-Credit Suisse worker guilty of data theft

And so a long-running data theft case ends. The Local (Switzerland) reports:

The Swiss Federal Criminal Court sentenced on Thursday a former employee of Credit Suisse to a two-year suspended sentence for breaching bank secrecy laws and money laundering.

The former bank worker was also fined 3,500 francs ($3,727) after he confessed to having stolen confidential client data before selling it on to German officials.

The events go back to 2007, when the ex-Credit Suisse worker began pilfering confidential data “to kill time, out of passion and historical interest.”

One day, he accidentally left his briefcase at the gym where he worked out. An Austrian IT specialist, who also used the fitness centre, found the case and looked inside.

There he discovered some compromising handwritten notes from the defendant and, recognizing the potential benefits, made the defendant an offer.

The Austrian then contacted German fiscal authorities. With the help of the Credit Suisse employee, he delivered confidential data on up to 2,500 account holders in Switzerland with bank deposits totalling around 2 billion francs ($2.13 billion).


Anyone else think he got off lightly?

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