Some calling this the largest id theft ever, is Your bank involved - May. 23, 2005

Click here to read the entire article Other news outlets are saying only 100,000 were affected, this article mentions 670,000 were affected. I hope that CNN got their figures wrong.

Data at Bank of America, Wachovia, others compromised - May. 23, 2005: "NEW YORK (CNN/Money) - Bank of America Corp. and Wachovia Corp. are among the big banks notifying more than 670,000 customers that account information was stolen in what may the biggest security breach to hit the banking industry.
Account information on the customers was illegally sold by bank employees to a man identified as Orazio Lembo, whom police said was doing business by illegally posing as a collection agency.

When police in Hackensack, N.J., first announced arrests in the case on April 28, they estimated that more than 500,000 people were affected. That number was raised to 676,000 Friday. Because some people have more than one account, Hackensack Police Chief Charles 'Ken' Zisa says the number of accounts breached may top 1 million.

'As this gets going, these numbers are going to go up and up,' Hackensack Detective Capt. Frank Lomia told CNN earlier Monday, adding that more arrests may be coming in the case.

The data-theft may have been the biggest ever in banking, the Hackensack, N.J., police department said in a statement, citing an unnamed Treasury Department official. Of the four banks involved in the case, Bank of America (up $0.01 to $46.58, Research), the nation's No. 2 bank, has notified 60,000 customers of the problem. Wachovia (Research) has notified 48,000 customers.
Customer account numbers and balances were allegedly sold to Lembo, who then sold the information to collection agencies, the Hackensack police department said in a statement.

Wachovia customers whose account information was stolen have received complimentary one-year credit monitoring service and each account will also be monitored by the bank, a Wachovia spokesman told CNN, adding that two former Wachovia employee"

Bank of America spokeswoman Alexandra Liftman said the bank was notifying customers affected, but added there was no evidence of account fraud or identity theft. Customers affected would be offered free credit monitoring, she said, adding Bank of America is cooperating with law enforcement officials and conducting its own internal investigation.

One associate who was named by police is "no longer with the bank," Liftman said. [THAT'S TOO BAD]