Hackers Hit Sarko's Bank Account

The timing isn't great for leader calling for financial system overhauls
By Katherine Thompson,  Newser Staff
Posted Oct 19, 2008 11:50 AM CDT
France currently holds the revolving presidency of the European Union, making it all the more embarassing that French hackers have been milking his bank account.   (AP Photo/Charles Platiau, Pool)
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(Newser) – Small amounts of money began disappearing from Nicolas Sarkozy's bank account in September, and prosecutors now confirm that an ongoing investigation has not yet identified the "swindlers." The hackers are thought to have obtained the French prez's account information and password, reports the Telegraph. The theft comes at an awkward time for Sarkozy.

France currently holds the rotating presidency of the European Union. Prior to this weekend's meetings with President Bush, the French leader called for "ambitious and pragmatic solutions" to revamp the world's financial system. His own experience "proves that this system of checking (bank accounts) via the Internet isn't infallible," said a Cabinet spokesman.