Nebraska Man Charged with Selling Employer’s Confidential Information

NEWARK, N.J. – A Nebraska man was arrested today for allegedly selling one of his employer’s databases, U.S. Attorney Craig Carpenito announced.

Timothy Young, 49, of Moorefield, Nebraska, is charged by complaint with one count of wire fraud. He is scheduled to make his initial appearance May 17, 2019, before U.S. Magistrate Judge F.A. Gossett III, in Omaha, Nebraska, federal court.

According to documents filed in this case:

Young was employed at a data analytics and risk assessment firm based on New Jersey.  The company serves customers worldwide, including entities providing insurance and financial services as well as government entities. The company maintains a network that houses, among other things, significant amounts of personally identifiable information.

Young provided to an individual he met online non-public information from the company’s system, including names, logon names, passwords, email addresses, and telephone numbers for some of the company’s clients. Young expected to be paid for providing this information. 

The charge of wire fraud is punishable by a maximum potential penalty of 20 years in prison and a fine of the greater of $250,000, twice the gross profits to Young or twice the gross loss suffered by the victim.

U.S. Attorney Carpenito credited special agents the FBI Cyber Task Force, which includes special agents of the FBI, under the direction of Special Agent in Charge Gregory W. Ehrie in Newark; and task force officers from the N.J. State Police, Jersey City Police Department and Federal Protective Service, with the investigation leading to today’s arrest. He also thanked FBI Omaha, under the direction of Randall C. Thysse, for its role in the investigation.

The government is represented by Assistant U.S. Attorney Andrew Kogan of the U.S. Attorney’s Office Cyber Crimes Unit in Newark.

The charge and allegations contained in the complaint are merely accusations and the defendant is presumed innocent unless and until proven guilty.