Sunday, Mar 01st

Last update:05:18:56 PM GMT

Countrywide Mortgage Holders May Be Subject to Identity Theft

E-mail Print
Share
Countrywide mortgage has just revealed that their customer database has been comprimised by an employee's plot to steal and sell the information.
In early August, the FBI arrested 36-year-old Rene Rebello, a former Countrywide employee in Pasadena and another man who is said to be involved in an alleged scheme to steal and sell sensitive personal information, including security numbers, of as many as two million mortgage applicants.

This alleged scheme took place during a two year period through July, which authorities are calling the largest in years.

Authorities also arrested Wahid Siddiqi, 25, at his home in Thousand Oaks. Authorities alleged that he was a reseller of Countrywide data, and is now facing fraud charges.

"Both of those individuals have been indicted and pending trial," explains Steve Dupri, of the FBI.

Authorities say that for two years, the Coutrywide employee went in to the office on Sunday nights and copied personal information onto his flash drive. He then allegedly sold it to the second suspect for an estimated $70,000...

According to the U.S. Attorney's Office, most if not all of the information was sold to people in the mortgage industry as leads; to make new pitches.

Clearly, there could be more people in trouble in this situation, when they figure out where the information ended up. But, Countrywide says they will pay for two years of a credit monitor service for the customers who's information was compromised
This is a heads up to Countrywide customers to keep a close eye on their credit reports in the coming months, as clearly authorities are not sure exactly who has access to the stolen information and for what purpose.

In these bad economic times, having a thief steal your identity is the last thing you need.

Comments  

 
0 # Guest 2008-11-21 04:59
are there any class action lawsuits against Countrywide for this problem?>
Reply | Reply with quote | Quote
 

Add comment

Security code
Refresh

Latest Comments

From the Forum

Article Roundup

William Spengler Burns Down House and Kills Firefighters

News image

William Spengler has been identified as the man who burned down his own house, with family members inside, and then pr...

Read more

Paster Rick Warren Blinded

News image

Pastor Rick Warren, the controversial minister who was selected to give the keynote prayer at Obama's 2008 inauguration and "supported" th...

Read more

Rush Limbaugh Loses Weight

News image

Hey America, Lard-Ass Limbaugh has lost weight! And he lost weight the quick and rapid way (dropping 80 pounds in 5 mo...

Read more

The Immigration Vote

Immigration is viewed as an unending source of debasement of America’s biological quality. Sterilizing thousands of the nations so...

Read more

Mass. Senate allows out of state Gays to marry

You would think gay marriage would be a non-issue. The last bastion of legal discrimination (the Gay/Lesbian and Transgender community) ...

Read more

Interesting Tidbits and Facts to amuse your friends

In the 1400's a law was set forth in England that a man was allowed to beat his wife with ...

Read more

Dead Animal Apparel?

News image

File this one under, "ok, I see you".  Clothing designer has come up with a new fad or way to pu...

Read more

Man Gropes Sleeping Woman in Airplane

News image

One sick man. On Sept 28, 61yo Ranchhodbhai Lakha (a mouthful name) was caught fondling a sleeping 20yo woman on a ...

Read more

Bachmann's Bombers!

News image

Bimbo Flake Alert! American Bushisms may have a potential new step-sister in American History! Introducing Michelle Bachmann and her outrageous, un...

Read more