Monday, July 16, 2007

Italian Police Net 26 in Phishing Takedown

Via theregister.co.uk -

Italian police have arrested 26 people allegedly involved in an international phishing operation.

The Guardia di Finanza (Military Financial Police) cuffed 18 Italian citizens and eight Eastern Europeans as part of "Phish and Chip", an operation aimed at dismantling a gang targeting users of Poste Italiane's home banking services.


The gang allegedly mounted a spamming campaign directing prospective marks towards overseas websites that mimicked the real Italian Post Office website. Victims were duped into handing over login credentials by bogus emails posing as security alerts.

Laptop computers, data backup kit, false documents, mobile phones, and equipment for creating credit cards were seized by police in the course of the raids that accompanied the arrests. Some of the seized items included Banca Intesa credit cards, said to have been used by the gang at the Casino of San Remo in the days leading up to their detention.

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