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At a proceeds of crime hearing at Manchester Crown Court, prosecutor Miss Louise Brandon said: ‘The value of the loss was £98,140 and from that there is an available amount of £2,213.71 but the prosecution have four complainants who lost considerable amounts of money.‘The available items were mainly electrical that the police auctioned off so it would mean getting that money from the auction.
The company offered basically no explanation for the delay other than it was working on it.
Here’s the full statement: Yahoo has continued to work with Verizon on integration planning for the sale of its core business.
Police who caught up with father-of-three Adewole discovered he had used the women’s cash to splash out on i Pads, TVs and designer clothes plus electronic and musical items such as a glitterball and a keyboard thought to be worth in total tens of thousands of pounds.
But after he was jailed for four years, officers auctioned off the confiscated items in a bid to repay the victims – only for it to yield just £2,000.
In recent years, high-profile hacks have been bigger and more frequent.