Monday, 14 December 2015
The bank Dexia fell victim to a large-scale theft during the financial crisis of 2008-2009 with spoils totalling 1.7 million euros. A bank based in Riga now has to appear before the judge in court alongside the hackers and those behind the theft, De Standaard reports on Monday.
Dexia fell victim to a ring of Russian and Ukrainian criminals. In February 2009, the bank insurance company detected a suspicious transaction of 300,000 euros from a business client’s account.
Dexia lodged a complaint with the Federal Prosecutor’s Office and it is now thought that the gang stole a total of 1.7 million euros. The money was transferred to a Trasta Komercbanka account. As the judge had evidence showing that the bank was aware that the money had been illegally acquired, the court in chambers decided last Tuesday to force the Latvian fiancial institution to appear as a defendant in the trial. It is very rare for a bank to be implicated and tried in a hacking case. The trial will not start until some time next year.