The Sunday Times |
May 21, 2006 |
Ireland: Don’t bank on chip and pin to defeat fraudsters
Jessica Bown and Brian Carey
The original Catch Me If You Can conman is not impressed by the new card system
CHIP-AND-PIN systems introduced to foil credit and debit-card fraudsters are making it easier to commit certain types of financial crime, a reformed con man has warned.
Frank Abagnale, whose life story inspired the Leonardo DiCaprio film Catch Me If You Can, served five years for fraud after posing as an airline pilot, a doctor and a lawyer and cashing $2.5m (€2m) of cheques between the age of 16 and 21.
Now 58 he has used his skills to help the FBI fight fraud for 30 years and also works with CIMS, which offers identity-fraud protection services.
He does not believe that chip-and-pin technology, which requires transactions to be verified with a four-digit number rather than a signature, will prove much of a challenge for professional fraudsters.
The information sent out by the hand-held card reading devices used in restaurants is not encrypted, for example. Any criminals nearby with an information receiver can therefore capture the data, including the pin entered, making some brands of fraud much easier.
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The Sunday Times |
May 21, 2006 |
Protester too ill for court turns up at Shell AGM
Aine Ryan |
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AN anti-Shell protester who was too stressed to attend a court case in Mayo last Monday had recovered in time to attend Shell’s annual meeting in London the following day.
Galway district court was told that Maura Harrington, 54, could not attend to face charges of drunkenness and being a danger to herself and others due to stress and anxiety. A judge adjourned the case to July.
Within 24 hours, Harrington, one of the leaders of the campaign against Shell’s Corrib gas pipeline, was being shadowed by two uniformed policemen and a security guard as she attended the company’s annual meeting at the Novotel hotel in Hammersmith.
“Having had some rest, I will be in a position to attend the court hearing in July,” the primary school teacher said yesterday. “The fact that I attended the Shell meeting in London the following day has nothing to do with my non-appearance in court. I was, and still am, very distressed about the case. I won’t be skipping the country.”
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Shell Gets Nigerian Deadline for $1.5 Bln Damages

By REUTERS
Published: May 20, 2006
Filed at 1:28 p.m. ET
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LAGOS (Reuters) – A Nigerian court has given Royal Dutch Shell (RDSa.L) a Monday deadline to pay $1.5 billion in damages for pollution in the oil-producing state of Bayelsa, the energy giant said on Saturday.
Shell said it had appealed against the order by Justice Okechukwu Okeke, who in February upheld a resolution by parliament that the firm should pay the money to ethnic Ijaw communities in Bayelsa in the Niger Delta, which produces all of Nigeria's output of 2.4 million barrels of oil per day. read more
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BBC Monitoring Service – United Kingdom; May 20, 2006 |
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Text of report by Kelvin Ebiri entitled “Shell gets Monday deadline to pay Ijaw 1.5bn dollars” published by Nigerian newspaper The Guardian website on 20 May read more
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Shell consortium in new Sakhalin pipeline dispute
Nick Mathiason Sunday May 21, 2006 The Observer
Sakhalin Energy, in which oil giant Shell has a controlling stake, is this weekend facing allegations that it is misleading potential funders of the world's second most expensive infrastructure project. The company is apparently claiming to comply with environmental standards despite evidence to the contrary.
A series of documents leaked to The Observer state that independent consultants monitoring the construction of a $20bn gas and oil project on Sakhalin island, off the east coast of Russia, highlight numerous breaches of environmental protocol. But versions of the same reports on the website of Sakhalin Energy, the consortium behind the project, give the consortium a clean bill of health.
The documents centre on how Shell contractors handle the construction of sensitive river crossings in areas where salmon spawn. Sakhalin Energy said: 'The company is committed to best practice and the transparent reporting of our activities. We will investigate any allegations to the contrary.' read more
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