Phishing operator phried, sentenced to 13 years in prison

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Phishing operator phried, sentenced to 13 years in prison

Rap sheet includes bank fraud, identity theft, and money laundering.

The mind behind one of the largest phishing rings ever taken down was sentenced to 11 years in prison for his part in stealing more than US$1 million from victims.

Kenneth Lucas II, 27, of Los Angeles who led the US arm of a global phishing operation that resulted in more than 100 arrests in 2009, previously pleaded guilty to 49 counts of bank and wire fraud, aggravated identity theft, computer fraud and money laundering conspiracy.

The take down, codenamed "Operation Phish Phry," was one of the largest cyber crime busts in history, according to the FBI.

About 50 individuals from California, Nevada and North Carolina, in addition to another 50 Egyptian citizens, were charged.

Egyptian hackers stole bank account numbers and credentials from customers of two banks who were tricked into divulging the information to the hackers after receiving phishing emails with links claiming to lead to the websites of their financial institutions, the FBI said.

"Armed with the bank account information, members of the conspiracy hacked into accounts," the US attorney's office in Los Angeles said.

"Once they accessed the accounts, the individuals in Egypt coordinated transfers of funds from the compromised accounts to newly created fraudulent accounts."

That is where Lucas and two co-conspirators came into play. They oversaw an operation to recruit money mules, individuals who establish bank accounts that are used to receive, store and later transfer stolen funds overseas. The mules, who often don't realise they are doing anything wrong, receive a cut of the proceeds.

Lucas was separately sentenced Monday to two years in prison -  to run consecutively to the 11-year term - for overseeing a marijuana growing operation at his home, prosecutors said.

He bragged about the set-up on YouTube, and later authorities raided his home and found 100 pot plants in the grow room. Lucas admitted to making US$45,000 off the sale of the drug.

His attorney could not be reached for comment.

This article originally appeared at scmagazineus.com

Copyright © SC Magazine, US edition
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