Timeframe?
I mean if 100 people netted a mere $1.5m over a year then they'd probably have been better of with legit jobs? If you're gonna do the time you may as well make sure that the crime is worth it in the first place.
Feds net 100 phishers in biggest cybercrime case ever
US and Egyptian authorities have charged 100 people with conducting a phishing operation that siphoned at least $1.5m from thousands of accounts belonging to Bank of America and Well Fargo customers. Fifty-three defendants from California, Nevada and North Carolina were named in a federal indictment unsealed Wednesday. …
This topic is closed for new posts.
Well Well Well
Wells Fargo takes the plural like Courts Martial.
A suitable punishment
A very public trial, and maximum sentence for each and everyone of them. Actually I'd prefer it if they where either gibbetted or strung up from Lamp posts. Just as a warning to others.
I'm still waiting for
a US or any other authority with balls to charge as many bankers as possible with conducting an operation that siphoned $ trillions from the wealth of millions. Fat fucking chance.
$1.5 million?
How much did the operation itself which spanned over 2 years actually cost?
How much IS it going to cost to keep 100 people in jail for 20 years?
How about educating the dumb people who fall for phishing scams in the first place?
What level of lunacy have we reached when 2 years is spent to recover $1.5 million, the banks lose more in a click of the fingers and get away with it, no questions ask; even further we throw MORE money at them...-.-'
Phish Phry!
The name shows a surprising level of Fed sophistication. Those convicted will do "hard time"- there is no parole for Federal convicts.
Throw another phisher on the barbie!
This topic is closed for new posts.
Sign up, sign up for The Register's weekly IT security newsletter - click here
Popular Whitepapers
- The BI Inflexion Point
Information is a right, not a privilege - Risk and Resilience
The application availability gamble - Register Research on: Agile development - is it right for you
Reaping the benefits of modern software practice - The Register Guide to managing spam
A primer on the implications for enterprise IT - The Register Guide to email security
A primer on the challenges of securing email and approaches to resolving them - High Performance for All
Responding to the needs of compute-intensive workloads
