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Thread: Justice Department Begins Criminal Probe Into Equifax Executive Stock Sales

  1. #1

    Justice Department Begins Criminal Probe Into Equifax Executive Stock Sales

    Justice Department Begins Criminal Probe Into Equifax Executive Stock Sales
    http://www.zerohedge.com/news/2017-0...ve-stock-sales


    The U.S. Justice Department has opened a criminal investigation into whether top officials at Equifax
    violated insider trading laws when they sold stock before the company disclosed that it had been hacked.








    ya think? hahaha



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  3. #2
    Equifax Is Not Your Friend: Should Everyone Freeze Their Account?
    http://www.zerohedge.com/news/2017-0...-their-account


    Unless you intend to open up new credit cards, get a car loan, or home equity loan, etc,
    there is every reason to freeze your account and be done with it....
    Everyone else should monitor their accounts closely."

  4. #3

  5. #4
    These guys are in charge of safeguarding consumers vital information.
    Should be careful when acting on their "customer service" advice:


    For weeks, Equifax customer service has been directing victims to a fake phishing site

    13 comments
    by Dani Deahl and Ashley Carman Sep 20, 2017

    Earlier this month, hackers broke into Equifax's servers and stole 143 million people's personal information, including their Social Security numbers. In response to the attack, Equifax set up a website — www.equifaxsecurity2017.com — for possible victims to verify whether they're affected. Because the process involves sharing sensitive information, consumers have to trust they're entering their data in the right place, which can be tricky because the breach-recovery site itself isn’t part of equifax.com. If users end up on the wrong site, they could end up leaking the data they're already concerned was stolen.

    Today, Equifax ended up creating that exact situation on Twitter. In a tweet to a potential victim, the credit bureau linked to securityequifax2017.com, instead of equifaxsecurity2017.com. It was an easy mistake to make, but the result sent the user to a site with no connection to Equifax itself. Equifax deleted the tweet shortly after this article was published, but it remained live for nearly 24 hours.

    Further research revealed three more tweets that had sent potential victims to the same false address, dating back as far as September 9th. These tweets have also since been deleted.

    https://www.theverge.com/2017/9/20/1...ity-monitoring



    Related

    Poll: Equifax data theft of 143 Million: Are you taking any preventative steps against ID theft?


  6. #5
    Quote Originally Posted by enhanced_deficit View Post
    These guys are in charge of safeguarding consumers vital information.
    Should be careful when acting on their "customer service" advice:


    For weeks, Equifax customer service has been directing victims to a fake phishing site

    13 comments
    by Dani Deahl and Ashley Carman Sep 20, 2017

    Earlier this month, hackers broke into Equifax's servers and stole 143 million people's personal information, including their Social Security numbers. In response to the attack, Equifax set up a website — www.equifaxsecurity2017.com — for possible victims to verify whether they're affected. Because the process involves sharing sensitive information, consumers have to trust they're entering their data in the right place, which can be tricky because the breach-recovery site itself isn’t part of equifax.com. If users end up on the wrong site, they could end up leaking the data they're already concerned was stolen.

    Today, Equifax ended up creating that exact situation on Twitter. In a tweet to a potential victim, the credit bureau linked to securityequifax2017.com, instead of equifaxsecurity2017.com. It was an easy mistake to make, but the result sent the user to a site with no connection to Equifax itself. Equifax deleted the tweet shortly after this article was published, but it remained live for nearly 24 hours.

    Further research revealed three more tweets that had sent potential victims to the same false address, dating back as far as September 9th. These tweets have also since been deleted.

    https://www.theverge.com/2017/9/20/1...ity-monitoring



    Related

    Poll: Equifax data theft of 143 Million: Are you taking any preventative steps against ID theft?
    This whole case is beginning to look like it was done on purpose.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  7. #6
    Insider trading ? Yes .

  8. #7
    Remember when the entire financial world fell apart because of banks acting badly, bailed out by the taxpayers, and all those people were put in jail for making a fortune at the expense of everyone else?

    Yeah, me neither.
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  9. #8
    Looks like Democratic Senator Heidi Heitkamp is getting her wish. After demanding that "somebody needs to go to jail" during a Congressional hearing about the Equifax breach late last year, the Department of Justice on Wednesday charged Jun Ying, the former chief information officer of one Equifax business unit, with insider trading, claiming he knowingly sold shares before the company revealed a massive data breach last year.

    More at: https://www.zerohedge.com/news/2018-...nsider-trading
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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