yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Underworld Banks at Digital Currency Firm, Feds Claim
Five men have been arrested so far in Spain, Costa Rica and New York, including founder Arthur Budovsky

Federal prosecutors have accused the Costa Rica-based digital-currency firm Liberty Reserve and its founder of running a $6 billion money-laundering operation that authorities say made it a "bank of choice for the criminal underworld," the Wall Street Journal reported Tuesday.

Five men have been arrested so far in Spain, Costa Rica and New York, including founder Arthur Budovsky. Two others are still sought.

They have been charged with money laundering and running an unlicensed money-transmitting business as well as using accounts for credit-card fraud, identity theft, investment fraud, computer hacking, child pornography and narcotics trafficking.

Prosecutors said they seized 45 bank accounts and five Internet domain names allegedly used for the operation, including the domain name of Liberty Reserve. Police in 17 countries were involved.

According to an unsealed indictment it's supposed to be one of the biggest money-laundering operations ever uncovered and was set up solely for that purpose. It allegedly laundered money through 55 million transactions for at least a million users globally.

Budovsky was previously convicted of a similar scheme in 2006 for running E-Gold, another digital money-transmitting business. He gave up his American citizenship and moved to Costa Rica, where authorities also grew concerned so he "went underground" according to the indictment, but continued to operate through a shell company.

Regulators said recently that digital-currency exchanges should follow traditional anti-money-laundering rules. Other virtual currencies may now be investigated.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at) or paperboy(at), and by phone at 516 759-7025. Twitter: @MaureenOGara

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