Plea delayed in $1.8M Calgary fraud case

A man accused of stealing hundreds of thousands of dollars from an Alberta financial institution has had his plea hearing delayed because police haven't finished analyzing evidence.

A man accused of stealing hundreds of thousands of dollars from an Alberta financial institution has had his plea hearing delayed because police haven't finished analyzing evidence.

Ehud Tenenbaum, 29, faces six counts of fraudulent use of credit card data and one count of fraud over $5,000. 

He was due to enter a plea in provincial court in Calgary on Tuesday, but police said they haven't finished analysis on four computers taken from Tenenbaum in connection with the case.

Tenenbaum and three other accomplices allegedly stole more than $1.8 million from Direct Cash Management in Calgary. The company sells prepaid debit and credit cards.

Tenenbaum, an Israeli citizen, is accused of increasing the limits from the cards and then withdrawing money from ATMs.

Tenenbaum and his co-accused, fiancé Priscilla Mastrangelo, are due back in court on March 26.

He also faces a May 7 extradition hearing that could send him to the United States, where he faces more serious charges.

He is alleged to have masterminded a global fraud network — spanning financial institutions in Belgium, Germany, the Netherlands, Sweden and Turkey — set up to steal credit card and debit card information.

Tenenbaum, 29, served 15 months in an Israeli prison for hacking into the Pentagon's computer systems in the late '90s. 

He had been living in Montreal before his arrest on the Canadian charges last summer.