Video courtesy of the Office of Chief Financial Officer Blaise Ingoglia. To watch video, click here or above
TALLAHASSEE, Fla. – Today, Chief Financial Officer Blaise Ingoglia announced the arrest of Cornelius Sentell Osborne, who is accused of acting as an unlicensed contractor and pocketing $174,000 from the victim of a house fire. CFO Blaise Ingoglia’s crackdown on fraud is delivering results, bringing criminals to justice and protecting Florida’s most vulnerable.
Chief Financial Officer Blaise Ingoglia said, “This case is a direct result of my office’s relentless work to root out fraud in our state and hold bad actors accountable. We are cracking down on this kind of criminal activity, especially when it targets those in vulnerable situations. If you think you can get away with this sort of behavior, think again. My office is working tirelessly to bring these fraudsters to…
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