A former Tiffany & Co executive who stole over 1 million dollars worth of jewelery is facing 30 years in prison, reports WWD. Ingrid Lederhass-Okun, who started with the company in 1991, was let go from her position as Vice President of Product Development due to "downsizing," but not before helping herself to a hefty employee discount. Over a two-year period, Lederhass-Okun stole over 165 items, including "diamond bracelets, platinum or gold drop and hoop earrings, platinum diamond rings and platinum and diamond pendants" and sold them to a Manhattan jewelery reseller. When her employers asked her wheres the inventory was, she reported the items as lost, damaged, or being held for a use in a special PowerPoint presentation. The jewelry, much like the promised PowerPoint slides, was never recovered.
Wednesday, November 27, 2013
Sunday, June 2, 2013
Google Glass Stole the Show at Google I/O 2013
By Pete Pachal2013-05-17 21:58:09 UTCGoogle made a lot of announcements in its marathon keynote to kick off Google I/O on Wednesday, but its most buzzed-about product was almost a no-show at the event. Google Glass barely got a mention, even though this is the first I/O where the tiny wearable computer is actually in developers' hands.
The glaring omission didn't stop Glass from stealing the show for the rest of the conference, though. Day 2 of I/O was packed with sessions on Glass, including one where official Twitter, Facebook and Tumblr apps made their debut. The sessions themselves garnered the kind of lineups usually reserved Lady Gaga tickets. Many developers were walking around wearing Glass, but it was the looks of jealousy from the Glass-less that underscored just how much interest there is in Google's head-mounted gadget.
That interest is now coming from even more circles, including the U.S. government, and rightly so. After my experience at I/O, I'm more convinced than ever that Glass — and products like it — won't just be a fad. Even when I was within a couple of blocks from the conference in tech-heavy San Francisco, people were stopping me to ask me about Glass, usually with enthusiasm.
If you search the hashtag #throughglass on Twitter, you can see a fire hose of content being shared through glass, and even more on Google+. Developers at the conference with the units couldn't shut up about them. About the only one not talking about Glass — at least in a major way — is Google.
That's weird. Forget those cool new maps; Glass is Google's big breakthrough gadget that everyone wants to know about. I suppose Google wants developers to take the Glass ball for a while, preferring to sit back and watch what emerges from its foray into the wearables space. That makes a little sense.
It's also the wrong thing to do right now. Glass is here, and it's the most-talked-about gadget of the year. It's impossible for Glass to "lay low." Worse, Google's muted approach to it at I/O lets others lead the conversation. While developers are excited, a whole lot of people are concerned.
From privacy advocates to social commentators screaming "Glasshole!" (it's happened to me), Glass detractors are starting to speak louder (or their voices just seem louder) now that Google's leaned back. Instead, it should be getting out ahead of the conversation on Glass, reminding people of its potential benefits, and that virtually the same privacy/social concerns already exist with smartphones.
It's easy to wrap yourself in a conference of like-minded geeks, all excited about your new toy. But Google shouldn't forget that there's a whole world of onlookers who don't really understand Glass and what it can do. They're curious and maybe even excited, but considering how often Glass wearers hear the question "Are you looking at porn?" some serious educating is in order.
Having used Glass for the past few weeks, I can say the potential of wearable technology is real, but I worry that Google's unorthodox approach to Glass' release, debuting a sort of "beta" months before the consumer product, might inadvertently let detractors drive the conversation.
Google Glass was a showstopper last year, and it's the show this year. But this is a show in need of a host. Google, it's time to step up to the mic.
Image by Pete Pachal, Mashable
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Hackers Stole $45 Million From ATMs
By Alex Fitzpatrick2013-05-09 22:23:45 UTCFederal prosecutors have accused eight people of being part of a global "cybercrime organization" said to be responsible for the theft of $45 million from ATMs around the world. Seven of the eight suspects have been arrested, while authorities say the eighth was reportedly murdered in the Dominican Republic last month.
The eight suspects are accused of comprising the global heist's New York cell, stealing $2.8 million from area ATMs. They're suspected of working with hackers who twice broke into credit card processing companies' computer systems, stole ATM card data and bypassed the withdrawal limits on the accounts. The technique is known as an "unlimited operation," as the thieves can grab a potentially unlimited amount of cash.
"As charged in the indictment, the defendants and their co-conspirators participated in a massive 21st century bank heist that reached across the Internet and stretched around the globe," said United States Attorney Loretta E. Lynch in a statement.
"In the place of guns and masks, this cybercrime organization used laptops and the Internet," continued Lynch. "Moving as swiftly as data over the Internet, the organization worked its way from the computer systems of international corporations to the streets of New York City, with the defendants fanning out across Manhattan to steal millions of dollars from hundreds of ATMs in a matter of hours."
Authorities believe the cell withdrew their share of the cash on two separate occasions — once in December and another time in February.
The December operation targeted a credit card processor in the United Arab Emirates and involved 4,500 ATM transactions in approximately 20 countries. The New York cell is accused of carrying out 750 of those transactions and grabbing almost $400,000. The February operation hit a credit card processor in Oman with the New York cell accused of stealing $2.4 million in that instance through nearly 3,000 ATM withdrawals.
The eight New York suspects have been charged with conspiracy to commit access device fraud, money laundering conspiracy and money laundering. If found guilty, the defendants each face up to 10 years behind bars for money laundering and another 7.5 years for each of the other three charges.
Image via Adrian Dennis/AFP/Getty Images
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