TELECOM Digest OnLine - Sorted: Police Charge Students With Internet Scam

Police Charge Students With Internet Scam

Monty Solomon (
Sat, 8 Jan 2005 22:37:27 -0500

SYDNEY, Australia -- Four Sydney high school students have been
charged in connection with a Russian-based Internet scam that stole
people's banking passwords and siphoned their cash into accounts in
eastern Europe, police said.

The four students were promised a cut of the profits for letting their
bank accounts be used for laundering money stolen from Internet
bankers via a computer virus that dropped a program for secretly
recording passwords, police said.

They said 13 Australians, including the students, have so far been
charged. New South Wales state police on Thursday said the four
students, ages 15-17, cannot be named for legal reasons.

Authorities say the suspects robbed 61 people of at least $457,000.
They say the total could ultimately reach millions, and more arrests
are expected.

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