28 July 2014

Barclays cybercrime gang members convicted

14 March 2014  |  3483 views  |  0 Barclays branch sign

Members of a criminal gang which attached devices to bank branch computers so that they could remotely control accounts and steal £1.25 million, have been found guilty.

Southwark Crown Court heard how last year the gang connected keyboard video mouse (KVM) devices to computers in three different bank branches - two belonging to Barclays and one to Santander.

In the first Barclays raid in April the crooks managed to make 128 transfers from six business accounts, stealing just over £1.25 million. In a second Barclays attack in July £90,000 was stolen.

However, when the gang set its sights on a Santander branch in September, the Met police swooped on an address from where transfers were being made, making multiple arrests and recovering computers that were logged into the KVM and Santander bank accounts.

Members of the gang also used around 500 stolen and intercepted debit and credit cards to splurge more than £1 million, buying £30,000 Rolex watches, high-value jewellery and electrical equipment such as Apple Mac computers and iPads.

Yesterday two men - Lanre Mullins-Abudu and Steven Hannah - were found guilty in connection with the case, joining 11 others who had earlier pleaded guilty.

A Barclays employee, Duane Jean-Jacques, accused of being an inside man, was found not guilty of conspiracy to steal and concealing criminal property.

ACPO national cyber crime lead, Deputy Chief Constable Peter Goodman, says: "We know that criminals are continually looking to exploit new innovation to commit these offences against our financial institutions, businesses, public sector organisations and even individual members of the public, but we are also keeping pace with advances in technology-enabled crime."

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