Walz faces backlash for taking credit on fraud crackdown
Townhall.com columnist Dustin Grage joins ‘Fox & Friends’ to discuss backlash mounting against Minnesota Gov. Tim Walz regarding comments he made that many allege are attempting to ‘take credit’ for the crackdown on fraud in the state.
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House Majority Whip Tom Emmer, R-Minn., ripped into Gov. Tim Walz in response to “more BS” from the Democratic governor for “claiming credit” for the federal fraud investigation raids in Minneapolis on Tuesday.
Emmer, whose district includes portions of the northern and western Minneapolis suburbs, calls out Walz, writing, “More BS from our governor. @FBIDirectorKash just confirmed the @FBI, @TheJusticeDept, and @DHSgov drafted AND executed today’s search warrants.”
“The only thing Gov. Walz should be claiming credit for,” he continued, “is allowing $9…
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