mi writes from a report via news9.com KWTV: KWTV writes, “You may have heard of civil asset forfeiture. That’s where police can seize your property and cash without first proving you committed a crime; without a warrant and without arresting you, as long as they suspect that your property is somehow tied to a crime. Now, the Oklahoma Highway Patrol has a device that also allows them to seize money in your bank account or on prepaid cards. If a trooper suspects you may have money tied to some type of crime, the highway patrol can scan any cards you have and seize the money.” But do not worry: “If you can prove that you have a legitimate reason to have that money it will be given back to you. And we’ve done that in the past, ” said Oklahoma Highway Patrol Lt. John Vincent. Read more of this story at Slashdot.
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Oklahoma State Troopers Use New Device To Seize Bank Accounts During Traffic Stops
Ars Technica reports that a Federal court in Pennsylvania ruled Wednesday that the Fifth Amendment protects from compelled disclosure the passwords that two insider-trading suspects used on their mobile phones. In this case, the SEC is investigating two former Capital One data analysts who allegedly used insider information associated with their jobs to trade stocks—in this case, a $150, 000 investment allegedly turned into $2.8 million. Regulators suspect the mobile devices are holding evidence of insider trading and demanded that the two turn over their passcodes. However, ruled the court , “Since the passcodes to Defendants’ work-issued smartphones are not corporate records, the act of producing their personal passcodes is testimonial in nature and Defendants properly invoke their fifth Amendment privilege. A” Read more of this story at Slashdot. 
itwbennett writes The Manhattan District Attorney’s office has indicted five people for using personal information stolen from around 200 people to fund the purchase of hundreds of thousands of dollars in Apple gift cards, which in turn were used to buy Apple products. “Using stolen information to purchase Apple products is one of the most common schemes employed by cybercrime and identity theft rings today, ” District Attorney Cyrus Vance said in a statement. “We see in case after case how all it takes is single insider at a company—in this instance, allegedly, a receptionist in a dentists’ office—to set an identity theft ring in motion, which then tries to monetize the stolen information by purchasing Apple goods for resale or personal use, ” he said. Read more of this story at Slashdot.