Posts Tagged ‘card’


Federal Reserve Hacker Indicted

Lin Mun Poo of Malaysia is accused of possessing more than 400,000 stolen credit and debit card numbers.

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Former Queens University Dean Charged With Embezzling $1 Million

Kris Alingod – AHN News Contributor

Queens, NY, United States (AHN) – A former dean of St. John’s University was charged Wednesday with using $1 million worth of school funds to pay for her son’s tuition and other expenses such as groceries and Victoria’s Secret lingerie.

Cecilia Chang faces a 205-count indictment including first-degree grand larceny, 69 counts of second-degree forgery and 64 counts of first-degree falsification of business records.

The 57-year-old was the university’s vice president for international relations and dean of the Center of Asian Studies until her suspension and eventual removal this year. She is accused of having non-work related expenses reimbursed by the university over a six-year period, and funneling a $250,000 donation to the school from a Saudi Arabian foundation into a non-profit she created.

An alumni of St. John’s who received her doctorate from Columbia University, Chang faces as much as 25 years in prison. She has pleaded not guilty.

Chang’s official role included fundraising for the school, and she was often required to travel with dignitaries and take potential donors out for expensive meals or cater to their needs when they were visiting the United States. She would thus have her credit card charges regularly reimbursed, sometimes for as much as $50,000 a month.

A university audit last year, however, revealed that she had been submitting a credit card statement issued by a Taiwanese bank that had charges made by her son for groceries, gasoline, cable television, casino expenses, clothing and insurance.

Chang had several university-issued credit cards, according to prosecutors, but was allowed to use her personal credit card from Taishing Bank because she told school officials some places in Asia did not accept credit cards issued by U.S. banks.

Chang is also accused of using the Taishing Bank credit card to pay for her son’s tuition. She had the authority to award scholarships, and she gave her son a scholarship to the university’s law school. When she was told that her action was beyond her authority and that she had to pay for her son’s tuition, Chang allegedly used her personal credit card to cover the tuition and then submitted a false credit card statement so the expense could be reimbursed.

Prosecutors also charge that Chang misled a charity run by Prince Alwaleed bin Talal Al Saud of Saudi Arabia, the Kingdom Foundation, into believing it was donating money to the university.

Chang had proposed the creation of a non-profit, Global Development, to the university but officials had rejected the idea. Despite the decision of the school, she created the non-profit and used the university’s letterhead and official e-mail account to communicate with the Kingdom Foundation about a donation.

Her letters to the Saudi Arabian charity included statements such as, “On behalf of St. John’s University, we would like to convey our deepest gratitude.” The money, worth $250,000, was donated to Global Development and later reportedly wired by Chang to China.

Chang “was highly respected by school officials for her ability to successfully secure large, sometimes million dollar, contributions,” District Attorney Richard Brown said in a statement. “It is disheartening, indeed, to see an alleged betrayal of this magnitude which inexcusably deprived the University of much needed educational funds and could have a chilling effect on the school’s future fund-raising efforts.”

However, Chang’s lawyer, Todd Greenberg, told the New York Daily News, “Every dime that this woman spent was spent on behalf of St. John’s University, entertaining the people who St. John’s University told her to entertain.”

Article © AHN – All Rights Reserved

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Electronic Payment Solution Processes $6 Billion

Jeehan Fernandez – AHN News Writer

Charlotte, NC, United States (AHN) – Bank of America Merrill Lynch says its ePayables solution continues to post significant growth, with a compound annual growth rate of 43 percent over the last two years. More than $6.1 billion in payments were processed using ePayables in 2009. Since ePayables was first offered five years ago, payments processed through the card solution have grown significantly across all markets and segments, the firm noted.

With more than 700 clients making payments to more than 52,000 vendors, ePayables leverages the bank’s patented Active Card Control technology allowing clients to manage available funds in real-time, thus reducing risk and increasing control.

“Bank of America was one of first providers of ePayables and we have worked hard to become a trusted provider for our clients by helping them optimize their working capital, increase visibility into their cash flow and eliminate inefficiencies associated with paper,” Kevin Phalen, head of BofA Merrill’s Commercial Card, said in a statement.

By shifting from paper to electronic payments and consolidating payments, companies can see significant gains in liquidity and increase their working capital.

“Our proven solution which can be implemented by itself or as part of a comprehensive payments solution provides clients with working capital they need for their businesses to succeed,” Phalen said.

One of the world’s largest financial institutions, BofA Merrill provides an ePayables solution that integrates seamlessly with clients’ accounts payable processes with minimal impact on technical resources.

Recent enhancements to ePayables included expanding the enrollment efforts to a larger pool of vendors which enables clients to maximize check to card conversion.

As part of its ongoing commitment to being a leader in electronic payments, BofA Merrill also continues to provide enhanced straight-through processing capabilities with new enhancements to be installed early next year.

The huge revenues resulting from electronic payment solution demonstrated clients confidence placed in BofA Merrill as a provider of end-to-end payments services.

Article © AHN – All Rights Reserved

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Where and how to buy mobile phones inexpensive

Dual Sim,Quad band,Video Camera,Bluetooth,FM radio,MP3,MP4,A008

Christmas Gifts(A008 phone)

MingXing A008 mobile phone comes with the basic communication function, it also provides you with practical functions such as MP3 / MP4 multimedia player, e-book reader, WAP / GPRS internet accessing, an expandable memory card slot, bluetooth, USB connectivity and so on. MingXing A008 mobile phone also has built-in FM radio play with earphone, enables you handy it for the odd spare minute to catch the news, get the latest sport results or just put to your favourite station.

Highlights:

Dual sim card one standby
Quad band a008
Camera/Video Camera
Bluetooth
Memory largest support 2GB
FM radio
MP3/MP4
GPRS,WAP,MMS
E-book
Voice recorder
3.0 high definition,super huge touch screen,support handwriting recognition
Specifications:

GSM Network Frequency: 850/900/1800/1900MHz
Language:English/French/Portuguese/Turkish/Russian/Arabic
LCD Screen display Size: 3.0inch, 16 million color; PX: 240*320px
Storage memory: 256MB TF Card is included, support to extend TF card to 2G maxim,Document Management
FM radio: FM stereo
Camera: 1.3MP; support to shoot with sound, the time depends on
Data Transfer: USB cable/U disc
Colour: Black or silver.
Telephone directories: 300 groups of contacts
Messages & Multimedia messaging: 200 messages, MMS,set password for message
Schedule power on/off: support auto start/close,
Alarm clock: 5 groups,can set up from Monday to Sunday at random,
Games: 4 common games
Ringtone: 64 chord; Ringtone format: mp3, midi, wav, amr Music: play mp3 at background,speed and pause, support equalizer,lyric show,3D shocking effect
Video: 3GP,MP4,support to play in full screen, speed/pause
Photo: jpg, gif
Additional Application:MP3/MP4/Handsfree/SMS group sending/Voice recorder/WAP/Handwritten input/Radio/Bluetooth/GPRS download/MMS/Memory extended/E-book/Dual sim card only one sim card standby/bluetooth/health/calculator/unit converter/memo…
SIZE(L*W*H): 119*57*14MM
Weight/package: 130G
Talk time:200-320m
Standby time:150-350h
Accessories:

1 x mobile phone
1 x 1 GB TF memory card
1 x mobile phone
1 x earphone
1 x cable
1 x charger

Agoodseller.com is specializing in supplying high quality Consumer Electronics to customers,It is located in shenzhen,which is the Consumer Electronics manufacturing center of China.

Article Source:http://www.articlesbase.com/online-business-articles/where-and-how-to-buy-mobile-phones-inexpensive-1515280.html

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