JEFFERSON CITY, Mo. – Today, Missouri Attorney General Catherine Hanaway announced that Gene M. Matlock, owner of Matlock Construction, pled guilty to defrauding Missouri consumers through his residential contracting business.
“Families place their trust and their savings into the hands of contractors. They shouldn’t have to worry about being deceived,” said Attorney General Hanaway. “Every Missourian deserves honest work in exchange for hard?earned dollars. We are committed to rooting out contractor fraud, protecting consumers, and securing restitution for those who’ve been harmed.”
On August 17, 2026, Matlock pled guilty to one felony count of deceptive business practices and one felony count of stealing. According to the investigation, Matlock solicited large, upfront payments from consumers for home?construction and contracting services. After receiving payment, he either…
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