Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Man pleads guilty accused of hacking Fed server
NEW YORK (4/15/11)--A Malaysian man accused of hacking into a Federal Reserve computer system, pleaded guilty Wednesday to possessing 400,000 stolen credit and debit card numbers. Prosecutors alleged federal agents observed Lin Mun Poo, 32, selling stolen card numbers for $1,000 at a Brooklyn, N.Y., restaurant, shortly after he arrived in the U.S. on Oct. 21, reported Reuters (April 13). They allege he possessed an encrypted laptop with more than 400,000 stolen card numbers. Poo is also accused of hacking into the computer system at the Federal Reserve Bank in Cleveland after finding a vulnerability. The Cleveland bank said the hacking involved 10 "test" computers and that no Fed data were compromised. Poo entered a plea to one fraud count in the U.S. District Court in Brooklyn. He faces up to 10 years in prison under federal guidelines. His sentencing was set for Sept. 13.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
6 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
7 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
7 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
8 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
9 hours ago