Swedish bank stops sophisticated digital theft

Published 31 January 2008

Forget ski masks and machine guns: Savvy Swedish bank robbers stealthily placed an electronic device under the desk of a bank employee; the device gave instructions to the computer atop the desk to transfer millions of dollars from bank deposits to an account the robbers had set up

A gang of Swedish criminals was seconds away from completing a digital bank heist when an alert employee literally pulled the plug on their brazen scam, investigators said Wednesday. The would-be bank robbers had placed “advanced technical equipment” under the employee’s desk which allowed them to take control of his computer remotely, prosecutor Thomas Balter Nordenman said in a statement. The employee discovered the device shortly after he realized his computer had started an operation to transfer “millions” from the bank into another account, Nordenman said. “By pulling out the cable to the device, the employee managed to stop the intended transfer at the last second,” he said.

The foiled heist happened in August at a bank in Uppland county, north of Stockholm, police said. They announced it only Wednesday after seven suspects, all from the Stockholm region, were arrested this week while allegedly preparing another heist. Police did not name the suspects, but said many of them have prior fraud and theft convictions. Investigators did not give other details on the device, or how it was placed under the desk.