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FBI smashes US-Egypt cyber 'phishing' ring

  • From: Brian Warkoczeski
  • Date: Thu Oct 08 12:08:50 2009

FBI smashes US-Egypt cyber 'phishing' ring

www.yahoo.com

Oct 7, 2009

LOS ANGELES (AFP) – Investigators in the United States and Egypt have smashed a computer "phishing" identity theft scam described as the biggest cyber-crime investigation in US history, officials said Wednesday.

The Federal Bureau of Investigation said 33 people were arrested across the United States early Wednesday while authorities in Egypt charged 47 more people linked to the scam.

A total of 53 suspects were named in connection with the scam in a federal grand jury indictment, the FBI said.

Authorities said the sophisticated identity theft network had gathered information from thousands of victims which was used to defraud American banks.

Wednesday's arrests were the culmination of a two-year probe involving US and Egyptian officials dubbed "Operation Phish Phry."

For rest of the article, see:

http://news.yahoo.com/s/afp/20091007/pl_afp/usegyptinternetcrimesecurity_20091007200649




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