Free Newsletters
Technology & Business Daily

InfoWorld
Log-in | Register

Two sentenced in Italy for massive phishing operation

One man gets five and a half years in prison, another receives six years


Two people have been sentenced for their participation in a massive phishing operation busted up by Italian authorities in July.

Sorin Pascu, 22, of Romania, was sentenced to five and a half years, and Marius Braditeanu, head of the scam, was sentenced to six years, according to Tuesday's edition of il Giornale .

Police arrested 18 Italians and eight other Eastern Europeans in July. The country's financial police, the Guardia di Finanza, said the scam involved sending fraudulent e-mails that appeared to come from Poste Italiane, the country's postal operator, which also offers bank accounts, insurance and loans.

The e-mails urged victims to hand over sensitive financial information. The scammers then withdrew money from their accounts, the finance authority said at the time.

Eventually, fraud management officials from Poste Italiane and the finance authority traced the transaction papers used to empty the accounts, which initially occurred in the Milan area and then spread throughout the country.

Pascu reportedly told authorities the gang bought €10 (US$14.70) phone cards to connect to the Internet, which allowed them a greater degree of anonymity to send the phishing e-mails.

Police said at least 200 people were victimized by the scam, although they think the number of victims is much higher, il Giornale reported.


 


Talkback:

commentPost a Comment

 

MOST COMMENTS

 
 





Are you ready for event-driven business?
"Faster than a speeding bullet" doesn't just refer to superheroes anymore, it's the velocity your business needs to compete. In this webcast you will learn strategies you can implement today that will keep your systems ahead of the increased business velocity. Sponsor: Progress Sonic

»  Click here to view this Webcast
  Zombie PCs Are Attacking Your LAN
A recent study showed that malware-infected zombie PCs are now a bigger threat to ISPs and Web infrastructure than DoS attacks. As this brand new IT Strategy Guide explains, an increased use of peer-to-peer techniques by the attackers has made it harder to fight back. Download now, compliments of Verio:

»  Click here to download now

- Special Advertising Partners -
WHITE PAPERS
 

» Technology White Papers Library

Technology White Papers by Topic

Technology White Papers E-mail Alert

Find out when the latest white paper is available:
 
 
INFOWORLD MARKETPLACE
 
» BUY A LINK NOW
 
 

Video

 
 
 

Podcasts

 
 
 

 

Columnists

 
 
 

Resource Center


Ads by techwords beta  [See your link here]
 




Sponsored Technology Links

 
 
 HOME  NEWS  BLOGS  PODCASTS  VIDEOS  TECHNOLOGIES  TEST CENTER  EVENTS  CAREERS   About | Advertise | Awards | RSS | Contact Us 

Copyright © 2008, Reprints, Permissions, Licensing, IDG Network, Privacy Policy, Terms of Service.
All Rights reserved. InfoWorld is a leading publisher of technology information and product reviews on topics including viruses,
phishing, worms, firewalls, security, servers, storage, networking, wireless, databases, and web services.

CIO :: ComputerWorld :: CSO :: Demo :: GamePro :: Games.net :: IDG Connect :: IDG World Expo
Industry Standard :: IT World :: JavaWorld :: LinuxWorld :: MacUser :: Macworld :: Network World :: PC World :: Playlist