Hungarian Customs Zeroes In On Bank-Robbing Computer Hackers
The Hungarian Customs and Finance Guard has recovered or accounted for some USD 1.5m stolen from a foreign financial institution in an attack by hackers as the money was laundered by a ring that included Hungarian citizens, the guard told MTI on Wednesday.Link.
The money launderers transferred the money to bank accounts in Hungary and the accounts of off-shore companies. In the course of the investigation, they withdrew more than HUF 70m - or USD 500,000 - of the money in cash, the guard said.
The guard issued arrest warrants for three Hungarian citizens as a result of the investigation.
Hat-tip: InfoSec News