Arrestation for Online Fraude Crackdown

On wednesday, the F.B.I arrested 53 people for fraude based on phishing which means to trick people by convincing them to give you their password and other information. The arests took place in Southern California, Nevada and North Carolina. F.B.I in Egypt also arrested 47 people for the same fraude. An indictment accuses the defendants to of tricking and convincing people through Internet into giving up their bank account information. These criminals have stolen about $2 million between early in year 2007 until past last month. These scams would target victims that have bank acounts in Bank of America and Wells Fargo, two of the largest national banks. The procedure was that the victims would recieve and email in which they clicked and it send them to a fake web site. It was designed to look identical to the real banking sites and they were asked to reveal their personal information as for passwords and bank acount numbers. The person in charge of all this operation was Joseph Lucas, 25. 

http://www.nytimes.com/2009/10/08/technology/internet/08phish.html?ref=business