Stay informed and protect yourself. Join the Sanibel Police Department for a free presentation on fraud and scams this Wednesday, March 25th from 9:00am to 11:00am at MacKenzie Hall. You’ll learn how to recognize and avoid today’s most common scams and identity theft threats. This informative session will provide practical tips to help you safeguard your personal information and stay one step ahead of criminals.
The presentation will also be streamed live on the City of Sanibel’s Facebook page and on Vimeo (https://vimeo.com/event/5820112).
CLICK HERE to read the FULL Protect Yourself from Fraud and Scams! – Sanibel, FL article.
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