5 People Indicted on Wire Fraud After Stealing 450,000 From the City of Carson

LIGATT Security International Helped to Spear-Head Wire Fraud Investigation

ATLANTA, GA-May 25, 2010 Å“ LIGATT Security International, (OTC: LGTT) today announced that a 5-count indictment has been filed in the city of Carson, and Washington D. C. against Jennifer Ann Woodard, Deago Larase Smith, Lance Corbett Holt, John L. Quinn, Ii, and Anthony Leonard Bobbitt. This act of fraud had been taken place on or about May 23-25, 2007 amounting in over $450,000.

The five criminals installed spyware on the city’s Treasure’s laptop and were able to retrieve username, passwords, accounts numbers and was able to transfer approximately $450,000 from one of the cities bank account.  It was not until the persistent city Treasure, Karen Avilla, who was working from home checking all the cities accounts, when she notices that one of the accounts was short $450,000.

Once noticing this fraudulent activity, Ms. Avilla and the City Manager contacted Mr. Gregory Evans, CEO of LIGATT Security, who just landed a contract with the city.  Mr. Evans was originally brought in to head up the investigation between the bank’s computer security team, Los Angeles Sheriff’s Department and the Security Service.

This case was a major story and covered by major media including; television news as well as, major newspapers.  “I am very happy that these cyber criminals were brought to justice,” says Evans.  “I tip my hat to Ms. Avilla and our Federal Law Enforcement officers who did not let this become a cold case. So many times cyber criminal commit these crimes and they do not have enough law enforcement agents trained to investigate crimes like these,” says Evans.

According to the indictment, it was an object of the conspiracy that the defendants would provide the user name and other login information and passwords for their personal online bank accounts to co-conspirators, both known and unknown to the Grand Jury, for the purpose of using their online bank accounts to receive and distribute unauthorized electronic transfers of funds from victim bank accounts.

In addition, after the successful unauthorized electronic transfer of funds from accounts at the victim banks to defendant-controlled accounts at receiving banks, the defendants would withdraw and attempt to withdraw cash, purchase cashier’s checks and further transfer and attempt to transfer funds to co-conspirators, known and unknown to the Grand Jury.

To watch the original interview on NBC News in Los Angeles with Mr. Evans visit http://www.youtube.com/watch?v=iBfoXzLR76s. For additional information about LIGATT Security International visit www.ligattsecurity.com.

About LIGATT Security International

LSI is the nation’s premier hi-tech security companies and is recognized as a leader in computer security and cyber-crime investigation. It is a publicly traded company whose mission is to be the nation’s leading provider of hi-tech crime investigations, by protecting their clients against Black Hat Hacking one CPU at a time.

***This press release was done in-house by a LIGATT Security International staff member. LIGATT Security International never has and never will use stock promoters, or outside Investor Relations firms.***

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and theӬability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of thisӬrelease.

Media Contact:
Katrina Highsmith
Cymone Coker
LIGATT Security International
866-354-4288 ext. 5 (phone)
pr@ligatt.com

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