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Seven ex-Citibankers charged with stealing client information


Sabian
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Not really end of banking career.

 

If ur sales figures is good, some bank will take you in. or else change industry lor, salesmanship is transferable across industry.

 

one of them already moved into real estate when the case was blown up.

 

 

if they get a jail term or heavy fine, i thk they will have problem finding jobs cos they will have a bad record

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Neutral Newbie
this is not new in the industry but usually customers stick with the bank not the RM.

 

i think they really stepped on the wrong toes or pissed someone off big time.

 

I think so too. Such acts are not new. In fact alot pf ppl are doing it openly. these ppl suay only..

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Huh? How have they misued the computer? Or don't have any other acts to sue them for then just tambah...

 

no lah...this one not anyhow tambah.

 

this one ish they tambah themselves...use company email server to email confidential info...

 

they neber heard of thumbahdrive... [:p]

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Supercharged
tat's the end of their banking career [shakehead] many of them are still young

 

if people like Durai can still find job elsewhere, i am sure these guys can still make a living in banking somewhere.

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Supercharged
Citibank tu lan that they lost customers to rival banks ah? I'm sure they also have used information from other banks mah...

 

They are prosecuted by authorities, not Citibank.

 

Citibank has already "settled" with them

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if u got reputation for good sales, this kind of record (Computer Misuse) will not hinder them that much.

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Aiyoh .. these pple also stupid one ... of all places, they chose to do this kind of thing in a banking environment. No way they can get away with it with so many security layers. Must have watched too much 007 or Bourne Identity [sly]

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it seems they transmitted the confidential info from co's email a/c to private email a/c. what if they save the data to a removable drive, and send them via own computer/private network at home to the other party's private email - can the authority trace it? [confused]

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Neutral Newbie

This is very common in the industry and overseas as well...

 

And the solution most commonly done... is civil case... where Citibank sues them (which has already been done and settled out of court by them seven)

 

The amazing thing is that the SGP government is now pursuing a criminal case against them (no avenue that why they have to resort to thing such as computer misuse act - as one of you previously pointed out).

 

This is seldom seen in other countries..

IMHO... the government just wnats to make an exmaple out of them.... as we know they are trying very hard to push the country to become a banking hub... not just private banking,.

 

As such they _will_ want to be seen as pro business....

 

As usual... Singaporeans are getting the short end of the stick....

 

(p.s im not condoning what they have done... but the actions seem a bit overdone... considering a civil suit was already settled betw the parties invloved and those people have already lost their new jobs... compared to what the usual trend of "settling" such things is in the states and london...)

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Supercharged

this type of thing normally started because that bank smell something fishy. probably because the clients are big clients so the losses in business is obvious. So the more the bank digs, more truth came out from the whole thing.

 

I believe such stuff has been going on all the time in the banking industry. It's just a matter whether you get caught or not.

Edited by Starry
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