Thursday, August 22, 2013

Reuters: Technology News: German IT specialist gets three years jail for Swiss data theft

Reuters: Technology News
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German IT specialist gets three years jail for Swiss data theft
Aug 22nd 2013, 12:04

BELLINZONA, Switzerland | Thu Aug 22, 2013 8:04am EDT

BELLINZONA, Switzerland (Reuters) - A Swiss court sentenced a computer specialist to three years in jail on Thursday for selling client data from Swiss bank Julius Baer to German tax authorities, after the man agreed a plea bargaining deal with prosecutors.

The 54-year-old German-born man appearing before the Swiss criminal court in a striped polo shirt and jeans, said that he had intended to use the bulk of a 1.1 million euro ($1.47 million) reward to pay off taxes he owed in Germany.

(Reporting by Oliver Hirt; Additional reporting by Albert Schmieder; Writing by Katharina Bart; Editing by Louise Ireland)

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