Bank fined $50m for buying drivers' data
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Payout strengthens anti-stalker law A bank which purchased the names and addresses of more than 650,000 people in the US has been ordered to pay a $50m fine. The case was brought by a Florida resident against Fidelity Bank and also included the Electronic Privacy Information Centre.â¦
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Ofcom has fined the BBC Â£50,000 over a Blue Peter phone-in competition in which the winner was faked.
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WASHINGTON - Mortgage finance company Freddie Mac yesterday agreed to pay $50 million to settle Securities and Exchange Commission charges that it fraudulently misstated earnings over four years.
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The BBC was fined 50,000 pounds on Monday for a phone-in scandal in which a young studio guest posed as a phony competition winner on one of Britain&#39;s best loved children&#39;s shows.
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E-mails and text messages expose details of the Formula One espionage that has rocked motor racing and resulted in a $100 million fine for one of the sportâs top teams.
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The New York Stock Exchange on Wednesday imposed a &#36;19 million fine on investment bank Morgan Stanley , the largest ever meted out by the exchange, for various regulatory and supervisory lapses.
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A Michigan man has been fined US$400 and must work 40 hours of community service for using a local cafi&#39;s Wi-Fi connection from his parked car to check his e-mail and surf the Web.
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The French financial trader at the centre of a massive fraud case gambled around 50bn euros, his employer says.
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Electronic Data Systems has admitted that an error by one of its computer operators during a Microsoft Windows upgrade caused 40,000 PCs at the United Kingdom&#39;s Department of Work and Pensions to crash last month.
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EDMONTON (CP) - A bank manager who concealed a lifestyle of women, luxury homes and fast cars behind a mild-mannered exterior pleaded guilty Monday to defrauding his employer of more than &#36;16 million.
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Regulators Monday fined a unit of Citigroup Inc., the nation&#39;s largest financial institution, $250,000 for using what they said was &quot;inappropriate&quot; sales material for hedge funds.
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Police are fined Â£75,000 with Â£50,000 costs over the deaths of two boys who drowned in a police swimming pool.
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A report funded by the banking industry finds U.S. ID fraud is down by a half-million victims in 2006. But a data-privacy expert says the study is dead wrong. In 27B Stroke 6.
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Visa USA issued $880,000 in penalties against a bank that processed transactions for TJX Cos. , after an investigation of a computer hacking incident at the retailer.
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A computer technician who prosecutors said made possible the largest identity theft in U.S. history, surpassing $50 million, pleaded guilty Tuesday to conspiracy in a scheme that poached personal information from tens of thousands of people.
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A UK insurance firm that recognized an unfolding fraud pattern but did next to nothing to protect its customers has been socked with a record fine by the British Financial Services Authority.
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Tens of thousands of people are paying fraudsters to sit their driving test for them, the BBC learns.