PHOENIX — An Arizona resident and his Wyoming-based limited liability company have been ordered by the Arizona Corporation Commission to pay $10,000 for fraudulent advertisements on Craigslist.
The ACC said Friday that Dean Douglas Odle and the company he controls, Milan Capital, “violated the Arizona Securities Act by offering to sell securities within or from Arizona while not registered as dealers or salesmen.”
The fraudulent activity allegedly began in September 2025, as Odle posted ads on Craigslist with the question, “Do you want better investment returns to improve your finances?” according to the ACC. The ads targeted those seeking “surplus funds” after property is purchased at foreclosure auctions, which are created when “the purchase price (of the property) exceeds the amount owed to the mortgage lender.”
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THE TD BANK INSIDER “BRIBE-FOR-DATA” SCHEME (USA)
Date: February 17, 2026 Perpetrator: Edward Low (Former Bank Employee)
Case Description: In a high-profile case of “Insider Threat,” Edward Low, a former employee of TD Bank in New York, pleaded guilty in a New Jersey federal court to accepting bribes in exchange for confidential customer data. Between 2021 and 2022, Low leveraged his internal access to harvest the personal details of high-balance account holders. He then sold this “hot data” to external fraud syndicates for as little as $26,700 in personal kickbacks.
The external fraudsters used the information Low provided to conduct “Account Takeovers” (ATO), creating fraudulent checks and falsifying bank records to drain over $500,000 from unsuspecting customers. Low even went as far as helping co-conspirators open shell company accounts at a second financial institution where he was later employed. He now faces a maximum penalty of 30 years in prison. This case has sent shockwaves through the global banking sector, highlighting that even the most robust external firewalls cannot protect against a “rogue insider” with administrative credentials.
Link to Original: US Dept of Justice – TD Bank Insider Plea