UK police arrest six over student loans phishing scam

Powered by SC Magazine
 

Suspects allegedly net more than $1.5m.

The UK Metropolitan Police have arrested six people over a phishing scam that netted more than £1 million (AU$1.53m).

According to the Police Central e-Crime Unit, the scam targeted hundreds of UK students in August.

The scam saw emails ask potential victims to update their student loan details on a “convincing but bogus website”.

Once the details were compromised, the suspects accessed bank accounts and extracted funds ranging from £1000 to £5000 at a time, the police said.

Six suspects, four men and two women, were arrested in London, Manchester and Bolton on suspicion of conspiracy to defraud, for money laundering offences and under the Computer Misuse Act.

"A great deal of personal information was compromised and cleverly exploited for substantial profits,” Detective Inspector Mark Raymond said.

This article originally appeared at pcpro.co.uk

Copyright © PC Pro, Dennis Publishing


UK police arrest six over student loans phishing scam
 
 
 
Top Stories
Toll Group to go Google
Poaches Woolworths project manager.
 
How News Corp's CIO tackled skills in his race to the cloud
What to do when your team’s talents are no longer needed.
 
Photos: How Thodey transformed Telstra
From turbulent Trujillo to Australia's leading telco.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  35%
 
Your insurance company
  5%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  4%
 
A Federal Government agency (ATO, Centrelink etc)
  18%
 
An Australian law enforcement agency (AFP, ASIO et al)
  15%
 
A State Government agency (Health dept, etc)
  7%
TOTAL VOTES: 3917

Vote
Do you support the abolition of the Office of the Information Commissioner?

   |   View results
I support shutting down the OAIC.
  27%
 
I DON'T support shutting the OAIC.
  73%
TOTAL VOTES: 1331

Vote