Feeds

Police arrest ID thief in Wells Fargo case

Stolen PCs recovered

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

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

The essential guide to IT transformation

More from The Register

next story
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
KER-CHING! CryptoWall ransomware scam rakes in $1 MEEELLION
Anatomy of the net's most destructive ransomware threat
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.