December 7 2013 Latest news:
Friday, September 20, 2013
Police have arrested eight men in connection with a theft in which a gang stole £1.3million by taking control of bank computer system in Swiss Cottage.
Scotland Yard said the men, aged between 24 and 27, were arrested yesterday and today, and are currently being held in police stations across London.
They were arrested in connection with an allegation of conspiracy to steal from Barclays Bank, and conspiracy to defraud UK banks, police said.
The £1.3million theft from accounts took place at the Swiss Cottage branch of Barclays in April this year.
During a police investigation a KVM (keyboard, video and mouse) switch, attached to a 3G router, was found connected to one of the branch computers, Scotland Yard said.
Barclays were able to recover a significant amount of the money stolen.
Searches are being carried out at addresses within Camden, Westminster, Newham, Brent and Essex, where property has been seized, including cash, jewellery, drugs, thousands of credit cards and personal data.
A Metropolitan Police spokesman said: “A KVM switch (with KVM being an abbreviation for “keyboard, video and mouse”) is a hardware device used legitimately in business to allow users to work remotely on their work computer systems.
“It allows a user to control multiple computers from one or more keyboard, video monitor and mouse. Although multiple computers are connected to the KVM, typically a single or smaller number of computers can be controlled at any given time.
“It was later established that the previous day a male purporting to be an IT engineer had gained access to the branch, falsely stating he was there to fix computers.
“He had then deployed the KVM device. This enabled the criminal group to remotely transfer monies to predetermined back accounts under the control of the criminal group.”
Det Insp Mark Raymond, from the Met’s Police Central e-Crime Unit (PCeU) which is investigating the heist, said those responsible were “significant players within a sophisticated and determined organised criminal network”.