04/03/09 Greenwich Residents Data At The Greenwich Office Of Bank America Stolen By Witon Resident Jeremy Donefe.

GREENWICH RESIDENTS PRIVATE ACCOUNT INFORMATION DOWNLOADED TO A WILTON HOME COMPUTER

WHAT'S THAT GIANT SUCKING SOUND: INTERNATIONAL COMPUTER HACKERS AND RUSSIAN MAFIA SCORING MILLIONS FROM GREENWICH RESIDENTS WHEN THEY ATTACK JEREMY DONEFE'S UNSECURED HOME COMPUTER

JEREMY DONEFE'S CLIENTS JUST MIGHT WANT TO GET A PEN AND WRITE THESE INSTRUCTIONS DOWN: Immediately Contact Banc America In Greenwich And Demand That Their Account Numbers And Passwords Are Changed, Before Their Accounts Are Liquidated And Transferred To Some Nigerian Bank.

Any Greenwich Banc Of America Client That Did Switch To The Greenwich Morgan Stanley Office Should Cancel And Reverse The Transfer, Because Their New Morgan Stanley Account Number May Also Be On Jeremy Donefe's Home Computer Under "Cake Recipes".

YOU CAN'T MAKE THIS STUFF UP: Greenwich Banc of America's Office reports that a month before resigning, Wilton resident Jeremy Donefer e-mailed Greenwich residents account information from his work computer to his home computer.

His first attempt - with "Hi Momma" in the subject line - failed, according to the papers. But he succeeded emailing Greenwich account details in a second attempt with the words "Cake Recipes" in the subject line, the company said.

Apparently, The New Employee Of The Greenwich Morgan Stanley Office Was Clueless Naive By Thinking "Cake Recipes" Would Cover Up The Electronic Trail He Would Leave In Using His Bank Of America Computer.

Later Banc America Says: "Defendants sent out a "false and misleading solicitation" to get them to switch"

Defendants serviced customers with $371 million in assets under management. In 2008, they generated more than $3.85 million in revenues

Banc of America says four defectors misused customer information
Lower Hudson Journal news

In a case that demonstrates the fierce competition between financial services giants, Banc of America Investment Services Inc. says four former advisers used confidential customer information to try and get those investors to switch their accounts to Morgan Stanley & Co. Inc.

Banc of America is asking a federal judge in White Plains to issue an injunction that would stop the advisers from using any Banc of America customer information to solicit business. The company also wants Judge Cathy Seibel to order the advisers to return any documents or computer records they took.

Two of the advisers, John Pasacreta of White Plains and John Rotando of Cold Spring, worked in Banc of America's Scarsdale office. Those two, along with Long Island resident Jordan Samuelson, submitted "virtually identical" resignation letters the afternoon of March 20 indicating they were immediately going to work for Morgan Stanley in Purchase, Banc of America said in court papers filed this week.

The fourth, Jeremy Donefer, a resident of Wilton, Conn., resigned a week later from his job in Banc of America's Greenwich, Conn., office, according to the lawsuit. He now works at Morgan Stanley's Greenwich office......

.....sent thousands of Banc of America customers "account transfer packets" dated the day of their resignation, the company said. The cover letter told the customers that "As you have requested" there were account transfer forms enclosed, Banc of America said.......

THE BONEHEAD OF THE YEAR AWARD GOES TO:

Long Island Resident And Morgan Stanley Employee Jordan Samuelson

....Samuelson, who worked in Queens, even solicited Banc of America employee Michael Rotunno, a vice president and senior investigator, Banc of America said

....Samuelson and Pasacreta arranged to have calls to their former Banc of America phone numbers forwarded to their personal cell phones. On March 23, a Banc of America senior vice president called Samuelson's former number at the company and Samuelson answered. The executive called again and got a voice message indicating he had reached Samuelson at Morgan Stanley....

WILL MORGAN STANLEY END UP GETTING SUED TOO?

.....Morgan Stanley is not named as a defendant, though Banc of America said at least one of the defendants "with the assistance of Morgan Stanley" prepared a mass mailing to be sent to Banc of America customers informing the customers of their departure and suggesting the customers move their money to their new employer......

....Christy Pollak, a Morgan Stanley spokeswoman, said her company had no comment.....

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