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Former Cooper Lighting employee sentenced on racketeering charges

“A former Cooper Lighting employee has been sentenced to five years in prison and restitution on racketeering charges after stealing $133,000 from the company” writes Ben Nelms for thecitizen.com. As a special condition of her probation, she is required to disclose any federal and state convictions to any potential employer.” Price, 60, of Hampton, was an employee of what was then called Cooper Lighting. Source: thecitizen.com Share This:

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Crypto News 

A junior banker in Italy hijacked servers from his company to mine bitcoin — and thousands of others are doing similar things

“Crypto mining is the process by which new bitcoins are created and involves solving complex cryptographic problems” writes Oscar Williams-grut for businessinsider.com. Luckily we actually detected it because there were these unusual connections going outside the bank to these crypto mining places.”. Darktrace is a cybersecurity company that works with the likes of BT, the Scottish government, the City of Las Vegas, and European power plant giant Drax.A mining bot is seen during the Satoshi Square at the Bitcoin Center NYC in New York May 22, 2014.Eagan said her company…

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Crypto News 

A cryptocurrency exchange lost $3 million — and thinks its security chief stole it

“Indian cryptocurrency exchange Coinsecure has lost over $3.5 million and is blaming its head of security” writes Arjun Kharpal for cnbc.com. The loss of funds marks one of the first major issues on an Indian cryptocurrency exchange.In a message posted to its website Thursday, the company said that its Chief Security Officer (CSO) Amitabh Saxena was extracting a cryptocurrency known as bitcoin gold in order to distribute it to customers. Source: cnbc.com Share This:

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Crypto News 

Russian Bitcoin thieves get sentenced after stealing data from cryptocurrency forum

“Russian authorities continue to prosecute cryptocurrency fraud, with the latest example of such actions coming from the town of Nyagan” reports financefeeds.com. The Russian police today announced that two men, born in 1993, have been charged with fraud and sentenced over stealing BTC-e codes from online forum users.During the course of the investigation, the police found that the criminals obtained access to the database of a cryptocurrency online forum and illegally tapped into the information of the users of the forum. Source: financefeeds.com Share This:

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Kudlow: No tariff talks yet with China, but ‘this is not a trade war’

“He said there is always an open line of communication with China, but no formal tariff talks have begun” writes unknown author for cnbc.com. Tariff negotiations with China have not started, though the White House hopes they will bear some fruit and prevent a trade war, National Economic Council Director Larry Kudlow said Friday.He reiterated Friday the U.S. concern over China stealing U.S. intellectual property, particularly in technology.”They have not really begun yet,” Kudlow, President Donald Trump’s chief economic advisor, told Bloomberg Television.Kudlow, a fomer CNBC special contributor, succeeded Gary…

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Maryland couple accused of stealing ATMs to buy heroin is indicted

“A Maryland couple was indicted in a federal court Thursday after allegedly stealing ATMs last year to buy heroin, prosecutors said” writes Justin Wm for washingtonpost.com. The couple used stolen vehicles to transport the ATMs from crime scenes, the statement said, and also burglarized a convenience store and robbed a bank in Maryland. The couple faces up to 20 years in prison for the bank robbery charges, according to prosecutors, and Bush faces an additional 10 years for firearms charges. Source: washingtonpost.com Share This:

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501 Days of Trump & Co. Stealing America Blind

“What follows is 501 days of official corruption, from small-time graft and brazen influence peddling to full-blown raids on the federal Treasury” writes Introduction By for nymag.com. Ivanka Trump, who oversees the family business with her brothers, sits in on the call. 1/24 Trump signs an executive order to fast-track the Dakota Access Pipeline. Source: nymag.com Share This:

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U.S. Charges 9 Iranians in Huge Theft of Intellectual Property

“The Mabna Institute is accused of stealing more than 31 terabytes of academic data and intellectual property, as well as the contents of employee email accounts” writes Katie Benner for nytimes.com. The suspects worked at the Iran-based Mabna Institute as managers, contractors, associates and hackers-for-hire, law enforcement officials said.WASHINGTON — Nine Iranian citizens were charged on Friday with stealing information from American government agencies, universities and companies as part of a huge cybertheft operation to benefit the Islamic Revolutionary Guards Corps, law enforcement officials said. Source: nytimes.com Share This:

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Holland and Barrett remove krill products from shelves after warning they were stealing food from penguins

“Retailer Holland and Barrett have bowed to Greenpeace pressure and removed krill products from its shelves after being warned they were stealing food from penguins” writes Fraser Nelson for telegraph.co.uk. The environmental campaign group accused Holland & Barrett of stocking products which put species that depend on the krill for food at risk.It warns the activity is engaged in a “tug-of-war” for food with penguins, seals and whales in the fragile region. Source: telegraph.co.uk Share This:

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