CBS Evening News for Wednesday, May 18, 1988
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio: Dan Rather) Report introduced.
(NYC: Richard Roth) First National Bank of Chicago spokesperson quoted re: attempted computer heist. Govt. noted filing charges against seven men and arresting four for attempt to steal millions through series of unauthorized computer transactions. Authorities noted asserting that some of those arrested were bank empls. who illegally used secret bank codes. [US Attorney Anton VALUKAS - comments on transfers.] Scheme illustration; details given. Merrill Lynch noted discovering discrepancy in Chicago account and alerting bank. [Bank spokesperson Emile GODFREY - comments on situation.] Experts quoted with regard to vulnerability of computerized banking system. [Banking expert Jim McCOLLOM - says money not real until can be withdrawn.] Scenes shown from "Cagney and Lacey". (Artist: Marcia Danits)
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.