Article 48E9H Programmer at Chinese Bank Jailed After Reportedly Finding a Secret Way to Withdraw $1 Million

Programmer at Chinese Bank Jailed After Reportedly Finding a Secret Way to Withdraw $1 Million

by
Jennings Brown
from Gizmodo on (#48E9H)
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A software chief of a Chinese bank reportedly found a loophole in his company's system and managed to stealthily withdraw seven million yuan ($1.03 million USD) over the course of 14 months. When he was caught, he explained he was testing the system. Huaxia Bank bought it, but the authorities didn't.

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