Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Eight arrested over e-theft from Barclays in London  Join our daily free Newsletter

MENAFN - AFP - 20/09/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - AFP) British police said Friday they have arrested eight men after a gang stole 1.3 million (1.5 million euros, 2.09 million) from Barclays bank by taking control of a branch computer system.

The men, aged between 24 and 47, were arrested on Thursday and Friday morning on allegations of conspiracy to steal from Barclays and conspiracy to defraud British banks.

They are accused of a theft in April, when a man purporting to be an IT engineer arrived at a Barclays branch in north London saying he was there to fix the computers.

He then attached a keyboard, video and mouse (KVM) device with a 3G router to one of the computers, according to a statement from the Metropolitan Police.

Such devices are routinely used by people in business to work remotely on their office computer systems, but it allowed the gang to remotely transfer money into their bank accounts.

"Those responsible for this offence are significant players within a sophisticated and determined organised criminal network, who used considerable technical abilities and traditional criminal know-how to infiltrate and exploit secure banking systems," said Detective Inspector Mark Raymond of the Central e-Crime Unit.

Barclays recovered "a significant amount" of the money stolen, police said, but the arrests are the first in the five-month investigation into the crime.

Officers searched a number of addresses across London and Essex, east of the capital, and seized cash, jewellery, drugs, "thousands of credit cards" and personal data, the statement said.

One central London premises searched was described by detectives as the "control" centre of the operation.

Police foiled a similar plot against Santander last week, arresting 12 men accused to trying to take control of a computer in a branch in London's financial district. Four men were later charged with conspiracy to steal.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help