A self-styled lord and a Soho sex shop owner have been found guilty of helping to organise an attempt to hack into City bank accounts and steal £229m. “Lord” Hugh Rodley, 61, and David Nash, 47, were convicted at Snaresbrook crown court for their part in a sophisticated electronic fraud and money laundering operation.
The gang targeted the City offices of the Sumitomo Mitsui Banking Corporation. If successful, it would have been the largest bank raid ever carried out in the United Kingdom.
The gang were defeated, however, by relatively elementary errors in filling out electronic forms on the Swift international transfer payment system. They had acquired account details and matching passwords by installing key-logging software on the bank’s computers…
Both Rodley and Nash were remanded in custody. They will be sentenced tomorrow along with three other members of the gang who have already pleaded guilty: the bank insider and security supervisor Kevin O’Donoghue, 34, of Birmingham; a Belgian computer expert, Jan Van Osselaer, 32; and Van Osselaer’s recruiter, Gilles Poelvoorde, 35. All admitted conspiracy to steal.
This illustrates how even the least competent crooks can acquire over-the-counter technology for illicit purposes. What if one of them had been a half-decent script kiddie or gamer, eh?