Man arrested over stolen bank data

A man has been arrested on suspicion of stealing confidential customer data from Swiss private bank Hyposwiss.

This content was published on February 29, 2012 - 14:51 and agencies

The Swiss Federal Prosecutor's Office said the former contract employee at the bank was arrested on February 16 and remains in custody.

A criminal investigation was launched in January after the man approached a law firm and offered to sell the confidential data. He is accused of economic espionage and violating banking secrecy law.

The Tages-Anzeiger newspaper reported on Wednesday that the data partly concerned the account of a wealthy Russian businessman.

It is the latest in a series of cases of Swiss bank data being stolen by employees with a view to being sold.

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