Tuesday, June 28, 2005

UK: Phishing gang jailed for 10 years

Danial Thomas writes in Computing:

Two men have been jailed for a total of ten years for stealing up to £6.5m through an online identity scam.

Douglas Havard, 24, a US citizen living in Leeds was yesterday sentenced to six years after being found guilty of conspiracy to defraud and launder money. Co-conspirator Lee Elwood, 25, of Glasgow was sentenced to four years.

The two men ran a UK syndicate which cloned credit cards using stolen financial information gained through email phishing scams, which trick online banking customers into giving out usernames and passwords.

Havard admitted to Leeds Crown Court that he received batches of credit card details and passwords from unnamed Russian individuals.

Phishing victim's identities and bank account details were then used to steal money from cash machines and buy and sell goods online, says the National Hi-Tech Crime Unit (NHTCU) which arrested the pair earlier this month.


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