• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 2. MAKING YOURSELF LESS VULNERAB... > A Danger in the Workplace

A Danger in the Workplace

According to the research of Professor Judith Collins of Michigan State University, approximately 70% of all identity theft can be traced back to employees stealing personal information. As recently as April 25, 2002, the Office of the Comptroller of the Currency, a part of the United States Treasury Department, sent a warning to all national banks in which it alerted banks to the activities of organized gangs of criminals who infiltrated banks through their tellers in order to perform identity theft and other crimes.

Inside Job

In February of 2004, Thoung Mong Nguyenwas sentenced to 12 years in prison and ordered to repay 1.3 million dollars for operating an identity theft ring in which stolen credit card numbers and phony IDs were used to make purchases charged to their victims. A rogue employee of the Bank of America provided Nguyen with personal information such as Social Security numbers belonging to customers of the bank. This information was used to obtain driver's licenses and credit cards that were used by the criminals for fraudulent purchases.



PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint