The Wells Fargo Stickup

Boxing's biggest promoter is charged in a $21 million computer swindle

It was a bank heist bigger than the Brink's job, but the bandits used no guns or getaway cars. Rather than being fast on the draw, they had fast fingers on computer keyboards. The Wells Fargo Bank of San Francisco last week filed suit charging that a group of boxing promoters and a key accomplice inside the bank had pulled off a colossal $21 million embezzlement. The alleged sting was by far the largest computer bank fraud in history and raised some troubling questions: How could such an unlikely ring of...

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