Hackers leak emails of top US bank - Video
The Bank of America allegedly failed to engage in proper business practices in dealing with the nation's housing crisis, an information leak has shown. A group of activists released several emails on the hacker website Anonymous, most of which seemingly related to America's nationwide foreclosure problem, a Press TV correspondent reported on Tuesday. The emails originated from Balboa Insurance, a mortgage and car insurer acquired by the Bank of America in 2008, saying that the bank could force foreclosures to reclaim property. However, a spokesman of the bank said the documents spread by the activists were stolen by a former Balboa employee, and that they had nothing to do with foreclosures, but the emails indicate that the Bank of America had approved removal of the loan numbers from the documents. While experts predict the makings of a cover-up if the issue proves to be true, Jim Lewis of the Center for Strategic and International Studies thinks it will influence the way people handle sensitive information.
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