5 People Indicted on Wire Fraud After Stealing $450,000 From the City of Carson, California
25 Maggio 2010 - 2:15PM
LIGATT Security International (Pink Sheets:LGTT) today announced
that a 5-count indictment has been filed in the City of Carson and
Washington D.C. against Jennifer Ann Woodard, Deago Larase Smith,
Lance Corbett Holt, John L. Quinn II and Anthony Leonard Bobbitt.
This act of fraud took place on or about May 23-25, 2007
amounting to over $450,000.
The five criminals installed spyware on the City Treasurer's
laptop and were able to retrieve username, passwords, account
numbers and were able to transfer approximately $450,000 from one
of the city's bank account. It was not until the persistent City
Treasurer, Karen Avilla, who was working from home checking all the
city's accounts, when she noticed that one of the accounts was
short $450,000.
Once noticing this fraudulent activity, Ms. Avilla and the City
Manager contacted Mr. Gregory Evans, CEO of LIGATT Security, who
just landed a contract with the city. Mr. Evans was original
brought in to head up the investigation between the bank's computer
security team, Los Angeles Sheriff's Department and the Security
Service.
This case was a major story and was covered by major media
including television news as well as major newspapers. "I am
very happy that these cyber criminals were brought to justice,"
says Evans. "I tip my hat to Ms. Avilla and our Federal Law
Enforcement Officers who did not let this become a cold case. So
many times cyber criminals commit these crimes and they do not have
enough law enforcement agents trained to investigate crimes like
these," says Evans.
According to the indictment, it was an object of the conspiracy
that the defendants would provide the user name and other login
information and passwords for their personal online bank accounts
to co-conspirators, both known and unknown to the Grand Jury, for
the purpose of using their online bank accounts to receive and
distribute unauthorized electronic transfers of funds from victim
bank accounts.
In addition, after the successful unauthorized electronic
transfer of funds from accounts at the victim banks to
defendant-controlled accounts at receiving banks, the defendants
would withdraw and attempt to withdraw cash, purchase cashier's
checks and further transfer and attempt to transfer funds to
co-conspirators, known and unknown to the Grand Jury.
To watch the original interview on NBC News in Los Angeles with
Mr. Evans visit http://www.youtube.com/watch?v=iBfoXzLR76s. For
additional information about LIGATT Security International visit
www.ligattsecurity.com.
About LIGATT Security International
LSI is the nation's premier hi-tech security company and is
recognized as a leader in computer security and cyber-crime
investigation. It is a publicly traded company whose mission is to
be the nation's leading provider of hi-tech crime investigations by
protecting their clients against Black Hat Hacking one CPU at a
time.
***This press release was done in-house by a LIGATT Security
International staff member. LIGATT Security International never has
and never will use stock promoters, or outside Investor Relations
firms.***
Safe Harbor Act: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involves
risks and uncertainties including, but not limited to, the impact
of competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions, and
the
ability to attract and retain skilled personnel. The Company is
not obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this
release.
CONTACT: LIGATT Security International
Media Contact
Katrina Highsmith
866-354-4288 ext. 5
pr@ligatt.com
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