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FBI Databases Used for Stock Fraud

Posted by michael on from the at-least-they're-good-for-something dept.

Phronesis writes "The Associated Press reports that two FBI agents have been indicted for conspiring with the owner of InsideTruth.com to short stocks and then leak information from the FBI's internal databases (e.g., unpleasant personal information about corporate officers). They also allegedly blackmailed companies with the threat of revealing such information. This case illustrates the failure of law enforcement agencies to implement adequate protection against the abuse of information they collect."

3 of 137 comments (clear)

  1. Max Headroom by Azahar · · Score: 0, Offtopic

    Yup. That says it all.

    --
    Cuiusvis hominis est errare; nullius nisi insipientis in errore perseverare.
  2. It that you James Joyce? by Zen+Mastuh · · Score: 1, Offtopic

    I thought you were dead.

    --
    "What is the sound of one belly slapping?"
  3. Corruption in U.S. government agencies... by Futurepower(R) · · Score: 1, Offtopic


    I wrote a (free) book about how corruption in U.S. government agencies contributes to violence: What should be the Response to Violence?

    Note that the FBI is now a world-wide police agency, operating in numerous countries.