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Showing posts with the label New York Life Insurance

ANTHONY DIGATI, Was Indicted in Manhattan Federal Court for Cyber-Extortion of New York Life Insurance Company

PREET BHARARA, the United States Attorney for the Southern District of New York, announced the indictment late yesterday of ANTHONY DIGATI on charges of attempting to extort approximately $200,000 or more from New York Life Insurance Company ("New York Life"). DIGATI allegedly threatened in e-mails and on a website he created to make false public statements and transmit millions of spam e-mails in an effort to damage the reputation of New York Life and cost the company millions of dollars in revenue. According to the Indictment returned late yesterday by a grand jury and other documents filed in court following DIGATI's arrest on March 6, 2010: Beginning in January 2010, DIGATI sought the return of his insurance premiums from New York Life after he purchased variable universal life insurance and became dissatisfied with the performance of that insurance. New York Life advised DIGATI that those premiums would not be returned. Thereafter, on February 22, 2010, DIGATI se...