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HSBC: data on 24,000 Swiss account holders stolen
AP ^ | 03/11/10 | FRANK JORDANS

Posted on 03/11/2010 4:56:05 AM PST by TigerLikesRooster

HSBC: data on 24,000 Swiss account holders stolen

By FRANK JORDANS, Associated Press Writer

GENEVA – Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries.

A former IT employee of Swiss subsidiary HSBC Private Bank (Suisse) SA, identified by French authorities as Herve Falciani, stole the information between late 2006 and early 2007, the bank said. The accounts, held by individuals worldwide, were all opened before October 2006 and some 9,000 have since been closed.

"We deeply regret this situation and unreservedly apologize to our clients for this threat to their privacy," said Alexandre Zeller, chief executive of the Swiss subsidiary.

The bank said it has contacted the affected customers and doesn't believe the stolen data has or will allow any unauthorized person to access the affected accounts. The stolen information only affects accounts in Switzerland with the exception of its former subsidiary HSBC Guyerzeller Bank, it said.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: hsbc; swiss; tax

1 posted on 03/11/2010 4:56:07 AM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 03/11/2010 4:56:40 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

.....hmmm hmmm hmmmm


3 posted on 03/11/2010 5:02:42 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)
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To: TigerLikesRooster

BHO hired a team of Chinese hackers for this one, I’m sure.


4 posted on 03/11/2010 5:08:22 AM PST by lefty-lie-spy (Stay metal. For the Horde \m/("_")\m/ - via iPhone from Tokyo.)
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To: TigerLikesRooster

A bank without electronic ledgers could do a brisk business. No copiers allowed. Just bookkeepers and bankers.

Keeping the books with pen and paper has an advantage.


5 posted on 03/11/2010 6:07:17 AM PST by 1010RD (First Do No Harm)
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To: TigerLikesRooster

I wonder if anyone has put a mob-style hit on Herve Falciani yet.


6 posted on 03/11/2010 7:19:18 AM PST by Sarajevo (You're jealous because the voices only talk to me.)
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To: Sarajevo
Option 1) Sicilian Mafia

Option 2) Russian Mafiya

Option 3) Albanian crime syndicate

7 posted on 03/11/2010 7:38:40 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

Option 3) CIA is still pissed at Nancy Pelosi...


8 posted on 03/11/2010 9:15:48 AM PST by Tailback
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To: TigerLikesRooster

probably on Youtube, twitter, and the irs computers by now.... /sarc


9 posted on 03/11/2010 9:26:06 AM PST by pointsal ( try MagicJack if you have had enough of Verizon)
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