Three men from a criminal group, who enticed bank clients in Britain and Ireland so they could be defrauded off over 3m pounds via a phishing scheme, have been sentenced to prison. ZDNet.co.uk published this on July 11, 2011.
On July 11, 2011, the men -Ayodeji John Kareem, Babatunde Fafore and Alonge- were jailed for orchestrating as well as executing the phishing scam following their admission to conniving for defrauding as also committing other offences.
The group reportedly dispatched spam mails so it could entice bank clients into visiting phony websites wherein they were so duped that they voluntarily provided their private details. Subsequently, it utilized those details for executing financial fraud like illegitimate payment card transactions and bank transfers. Earlier it compromised some 900 bank accounts and 10,000 credit cards.
...
