US man confesses to part in $1.3M bank and payroll phishing scam

Posted May 8, 2012

A 31-year-old US man from Atlanta, Georgia, admitted last week that he and his gang stole more than $1.3 million USD by phishing confidential account information from e-commerce sites. Be careful, particularly if you do your banking at a large online bank, because those are now scammers’ favored phishing grounds. The Anti-Phishing Working Group’s latest survey shows that PayPal, after years of being phishers’ fav, is no longer No. 1 It’s ecommerce sites (and BANKS!) they’re after, since there’s more coinage to be had. Read it. 

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