Phishing Pair Jailed
UK-based 'Phishers' jailed for 4 and 6 years
29th June 2005
A pair of fraudsters have been sentenced to 6 and 4 years in jail after being found guilty of stealing up to £6.5m through identity fraud.
American Douglas Havard, based in Leeds, bought stolen bank details from a Russian 'Phishing' gang, and used them to make counterfeit credit cards and cashcards.
Havard is known to have stolen £700,000 this way, although the total is believed to be much higher, and was sentenced to 6 years.
His co-accused, Lee Elwood of Glasgow, pleaded guilty to the same offences and received a sentence of 4 years.
The convictions were a result of a joint investigation by UK and USA authorities into Eastern European crime syndicates targetting UK banks and customers.
Read More: BBC Report
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More on Phishing : Barclays Under Phishing Attack (News, 15/09/2006), New Security Measure Against Phishing (News, 24/05/2005), October Record Month for Phishing Attempts (News, 25/11/2004), Banks May Decline Fraud Refunds (News, 13/11/2004) |
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