By Paul Nowell, AP Business Writer
Wachovia Corp. and Bank of America Corp. are notifying thousands of customers that their accounts may have been breached in a theft of financial records from four banks.
The theft was exposed last month when police in Hackensack, N.J., charged nine people, including a business owner, a New Jersey state worker and seven bank workers, in a plot to steal financial records of thousands of bank customers, which were then sold to collection agencies.
The bank employees charged in the plot accessed records for customers of Cherry Hill, N.J.-based Commerce Bank, PNC Bank of Pittsburgh and Charlotte-based Wachovia and Bank of America, according to Hackensack Police Chief Ken Zisa.
On Friday, Wachovia spokeswoman Fran Durst said the bank was notified by Hackensack police that the seized computer disks contained the names of 14,000 active or inactive Wachovia customers.
For this complete story, please visit Financial Records Breached at Four NC Banks in Collection Agency Scam.
