Over 100 Arrested in Internet Crime Sweep

[ronjor]

"The Internet is stimulating the development of innovative products and services that were barely imaginable only a few years ago," said FTC chairwoman Deborah Majoras. "There is a risk, however, that these benefits will not be fully realized if consumers associate the Internet with fraudulent operators."

The crackdown, dubbed "Operation Web Snare," involved some 150,000 victims who lost more than $215 million, Ashcroft said, adding that 53 people had already been convicted.

Nevertheless, officials acknowledged that the operation represents only a fraction of the crimes being committed on the Internet. Identity theft alone costs the U.S. businesses more than $50 billion a year, Ashcroft said.

Law enforcement officials in Romania, Nigeria and Cyprus helped track down people involved in fraudulent auctions, trafficking in stolen credit card numbers and other crimes, Ashcroft said.



Reuters

[bigc73542]

At least they are doing something to stem the tide of online crime.

[ronjor]

A lot of money involved here. Worldwide.

[bigc73542]

Bucket loads of cash will attract the crooks.

[nadirah]

Those crooks are committing these crimes for the greed of money. Obviously, they were paid to do it.

[Rita]

Originally Posted by bigc73542

At least they are doing something to stem the tide of online crime.

hi Bigc
the

rita

[Cyber Surfer]

Hang-em all, and the spammers too!!!!

[Dazed_and_Confused]

Originally Posted by Cyber Surfer

Hang-em all, and the spammers too!!!!

Hanging is too mild a sentence for these folks. I say torture them!!

[ronjor]

Hanging is too mild a sentence for these folks. I say torture them!!

Anything but a support line, pleeeze!!

[bigc73542]

A support line call is cruel and unusual punishment

It's like those old attorney jokes.

What are 100 lawyers (Cyber criminals) at the bottom of the sea?





































A good start.

[nadirah]

Blast those idiots dead with guns.