World Stock Exchange hit by theft

Friday, 27 July 2007, 2:09 AM EST

The World Stock Exchange said a former employee used inside knowledge to steal money from the virtual stock exchange’s ATM network, a sum that totaled more than L$3.2 million (US$12,300) according to one person with knowledge of the matter.

News of the theft first came to light in a blog post by Mystik Boucher, CEO of the Second Life firm Mystik Designs, whose account was suspended on Saturday.

At Reuters.

[ Read more ]




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