Feeds

Police arrest ID thief in Wells Fargo case

Stolen PCs recovered

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Police have arrested a California man for stealing computers containing the personal information of thousands of Wells Fargo customers.

Edward Jonathan Krastof, 38, of Concord in California, has confessed to stealing a computer containing the sensitive information after breaking into the offices of a financial analyst hired by Wells Fargo, Reuters reports. Krastof also stole another computer and laptop during the same burglary.

Concord Police Sergeant Steve White told Reuters that investigators recovered the computer gear - along with "equipment used for scanning identity cards and cheques" - when they raided Krastof's home.

White described Krastof as a "low-level ID theft kind of guy."

Police traced Krastof after he logged onto his AOL account using one of the stolen computers.

Wells Fargo offered a $100,000 reward for information leading to the arrest and conviction of the criminals who stole the machine containing a sensitive customer database. Because Krastof's arrest came through regular police work, and not a tip-oof from members of the public, Wells Fargo will keep this money.

Data on the computer included names, addresses, account and social security numbers for people holding overdrafts or loans with Wells Fargo. ®

External Links

Wells Fargo welcomes the arrest

Related Stories

UK ID theft gang jailed for £350K fraud
ID theft hits 10m Americans a year
ID theft: a $1bn a year crime
Police recover disk at centre of ID theft flap
Feds break massive identity fraud

Choosing a cloud hosting partner with confidence

More from The Register

next story
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Who.is does the Harlem Shake
Blame it on LOLing XSS terroristas
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
Stunned by Shellshock Bash bug? Patch all you can – or be punished
UK data watchdog rolls up its sleeves, polishes truncheon
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Desperate VXers enslave FREEZERS in DDoS bot
Updated Spike malware targets Asia
Heatmiser digital thermostat users: For pity's sake, DON'T SWITCH ON the WI-FI
A stranger turns up YOUR heat with default password 1234
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.