(Luxembourg, 14 April 2026) – The Vilnius City District Court (Lithuania) has convicted the members of an organised crime group in a fraudulent scheme involving EU and national funds intended for young farmers, following charges brought by the European Public Prosecutor’s Office (EPPO) in Vilnius.
This judgment marks the conclusion of proceedings against 26 individuals involved in a large-scale fraud scheme.
Four organisers were found guilty and fined a total of €150 000. In addition, 22 perpetrators in the scheme pleaded guilty and fully compensated the EU and Lithuanian budgets for the damage caused, amounting to approximately €500 000. The court granted them a conditional exemption from criminal liability under simplified criminal proceedings. In addition, €34 000 was confiscated from the defendants and they were ordered to pay €37 000 into the Crime Victims Fund.
The investigation…
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