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Former Microsoft Accountant Steals $1.1M; Sentenced 2 Years

White collar crime may not always pay, but it sure doesn't result in heavy prison sentences, either. Last week a former Microsoft accountant found guilty of stealing $1.1 million from the Redmond-based firm received just a two-year jail term. Ray ... Seal, a 54-year-old resident of Shoreline, Washington, was recently found guilty of stealing more than a million dollars from Microsoft while working as an accounts analyst for the firm. Seal was indicted late last year and finally plead guilty to the charge in May 2011. (Source: ) Accounting Loophole Exploited During the trial, ... (view more)

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Cybercrime (or "computer crime") consists of specific crimes dealing with computers and networks (such as hacking) and the facilitation of traditional crime through the use of computers and technology infrastructure. (Source: ) Although the ... terms computer crime and cybercrime are more properly restricted to describing criminal activity in which the computer or network is a necessary part of the crime, these terms are also sometimes used to include traditional crimes, such as fraud, theft, blackmail, forgery, and embezzlement, in which computers or networks are used. Types of ... (view more)

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