This was supposed to be a day like any other for Qin Qisheng. But his life changed in 2016 when he noticed a flaw in the system of distribution of tickets of one of the counters of bank of china, as revealed by the South China Morning Post. Every night, around midnight, an interference of the computer system allowed him to withdraw small bills. Money debited from a account fictional bank, originally used to test its computer system. Despite the daily broadcast of the notes, the transactions were not recorded on the account of Hua xia.
Far away to warn his direction of this fault, the employee is benefiting from the situation. In November of the same year, using his skills as a computer scientist, Qin Qisheng managed to set the computer system of the bank. This operation will allow him to continue his daily supply, without triggering the security alert.
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It is as well as free of any suspicion, Qin Qisheng will remove not less than 7 million yuan in two years! Part of the money stolen was based on his personal account, the other was the subject of investment on the financial markets. Last December, the scandal is revealed to the authorities by a branch of the bank.
The bank minimizes the facts
At his trial, Qin Qisheng said that this computer manipulation was the sole objective of “to investigate” on the internal security of the system and that it would have made money if he had found the solution to the technical problem. The accused added that the level of complexity of the fault would have involved the intervention of experts, who would have had a higher cost, that his own analysis.
For its part, the bank condemns the lack of reporting of Qin Qisheng, constituting a “violation of formal procedures”. Hua Xia however, attempt to minimize the acts of its employee, who has to repay all of the sum fraudulently obtained. The court of Beijing was eventually sentenced Qin Qisheng to 10 and a half years in prison and up to 11,000 yuan fine.
