Reuters is reporting: A man held in connection with client data stolen from a bank and sold to German tax authorities has been found dead in prison, Swiss authorities said on Friday. The 42-year-old man was found dead in his cell at Berne regional prison at around 0430 GMT on Wednesday, police said. “Findings...
AFP reports that Canada is joining the ranks of countries who are using data stolen from HSBC by an employee to pursue tax cheats: Canada will “aggressively” pursue tax evaders, Prime Minister Stephen Harper said Thursday after France provided his government a list of hundreds of secret offshore accounts held by Canadians. “This government...
From the end-ju$tifie$-the-mean$ dept. It looks like the UK has joined the ranks of Spain and France in using data stolen from HSBC to go after tax cheats. See the coverage on UKWired and BBC.
Phil Villarreal writes: Legitimate businessmen aren’t the only ones who need stimulus packages to get their games rolling again. Dudes who dig through peoples’ mail and steal debit cards can also use a little loving. HSBC understands this fact and is helping out by sending out pre-activated debit cards, Knowzy reports. There are reports...
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…. according to local media reports, details on around 3000 accounts, which could hold around EUR6 billion, have been given to Spanish authorities. More on Finextra.
New reports out yesterday indicate that the theft of HSBC client data was bigger than initially reported, but the reports differ as to how big it really was. Jeremy Kirk reports on Computerworld: HSBC said Thursday about 15,000 accounts of its Swiss private banking unit were compromised after an employee allegedly stole data, some...
Le Journal du Dimanche (JDD) reports that the data stolen from HSBC in Geneva includes information on 130,000 clients from around the world, according to a story in Bloomberg News that cites the paper and a French prosecutor, Eric de Montgolfier. A former employee at the Swiss bank leaked the information to de Montgolfier,...
The Times Online has more details on the HSBC breach that is causing some international conflict. Earlier, HSBC had reported that an employee had stolen some client data (on fewer than 10 clients) and sold it to French authorities who were seeking to investigate French citizens who were using Swiss banks to avoid paying...
Data related to less than 10 clients was stolen from HSBC’s Swiss branch, the bank said on Wednesday, amid media reports that some names of alleged French tax evaders was obtained by France through theft. “HSBC Private bAnk (Suisse) SA confirms that an ex-employee, previously working for its IT-development group, stole data during a...
Robert McMillan reports: HSBC Bank says a bug in its imaging software inadvertently exposed sensitive data about some of its customers going through bankruptcy proceedings. In notification letters made public Thursday, the bank said it had redacted sensitive information in Chapter 13 bankruptcy proof-of-claim forms that were filed electronically, but that the information turned...