Minnesota Criminals

Search Public Records for Free
Blog Home | Search Home

Latest FBI arrests in identity theft ring

Posted in Misc Crime October 7th, 2009 @ 3:30 pm

Recently, the FBI arrested 100 people in both the U.S. and Egypt in an identity theft ring that victimized thousands of people. These criminals ran a “phishing” scheme where they allegedly used computer intrusion and fraud to obtain personal information that allowed them to withdraw money from bank accounts.

This cybercrime involved Egyptian hackers using emails that directed victims to phony bank websites, where they were asked to provide account numbers. Victims lost about $2 million dollars from this phishing scam.

Phishing scams involving carding have become a multi-million dollar business for hackers and identity thieves. This is a result of shadowy online forums. Here criminals learn the tricks of the trade on how to buy, sell and trade stolen sensitive and financial data. These crime forums also help in the spread of phishing Web sites by selling pre-built kits scammers that can be used to set up bogus bank Web sites within minutes. According to a recent report from the Anti-Phishing Working Group, and industry consortium, more than 10,000 phishing Web sites were reported in August alone, roughly double the number found in January.

Always be careful if you receive an email requesting bank information. Banks never request this information from you via email. If you have questions, always check with your bank before entering personal information on bank websites.

No Comments »

No comments yet.

Comments RSS TrackBack URI

Leave a comment

You must be logged in to post a comment.

Home | Search | Blog |Policies and Legal Information | Signup for free | Logout