The largest number of defendants ever charged in a cyber-crime case have been indicted in a multinational investigation conducted in the United States and Egypt that uncovered a sophisticated “phishing” operation that fraudulently collected personal information from thousands of victims that was used to defraud American banks.
Authorities in several United States cities arrested 33 of 53 defendants named in an indictment returned last week by a federal grand jury in Los Angeles. Several defendants charged in the indictment are being sought this morning by law enforcement. Additionally, authorities in Egypt have charged 47 defendants linked to the phishing scheme. Read the full FBI statement [fbi.gov]
