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Massive email fraud bust - Will it make a dent?

4:26 pm on Sep 11, 2019 (gmt 0)

Senior Member from US 

WebmasterWorld Senior Member tangor is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 29, 2005
votes: 1061

US prosecutors say 281 suspected criminal hackers around the world have been arrested as part of a massive takedown operation against so-called business email compromise operations. That's the type of caper in which crooks hijack executives' email accounts, or impersonate the staffers, to trick colleagues into wiring funds to fraudsters' accounts.


167 arrested in Nigeria ... gives new meaning to Nigerian Scams ... Whew!

Some money was recovered. A rather small amount ...

For every bad actor taken out there's ten more still in operation (or a magnitude greater!). Still, good news that some have been taken off the grid.

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