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Computer thieves steal "millions" from bank - AP

22 November 2000  |  661 views  |  0 Computer thieves steal "millions" from bank - AP

The Associated Press is reporting a major theft of computer memory and operating chips at an un-named financial institution in the City of London.

City of London Police confirmed to AP that they are investigating "a major theft" from an unnamed financial institution within the Square Mile. Records of financial transactions have reportedly disappeared from view after thieves stole computer motherboards holding memory and operating chips.

AP calculates that the financial loss to the bank may run into millions of pounds. The report quotes a police spokesman: "It is not our place to speculate on the value of the theft or the data that was held on the stolen items, but there has been a substantial theft.

"We have got a number of investigations running. There have been some thefts of some fairly significant financial value which we are investigating as part of a much larger operation."

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