Tag: theft

Capital and Risk, Insurance, Regulations

Former California Agent Allegedly Stole $1.2M from Elderly Consumers

August 23, 2021

Via: Insurance Journal

Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested this week after a California Department of Insurance investigation found he allegedly stole $1.2 million from more than 20 victims, including 14 seniors. Stoddard is being charged […]

Capital and Risk, Operational

New York Fed Questioned After Hack on Bangladesh Account

March 24, 2016

Via: ABC News

A U.S. lawmaker is seeking answers from the Federal Reserve Bank of New York over the theft by cyber criminals of $81 million from the Bangladesh central bank’s account at the New York Fed. Rep. Carolyn Maloney of New York, […]