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UK-based Internet Crook gets Jail for Over 5 Years

A cyber-criminal, who conned to steal 750,000 pounds through an embezzlement of financial data belonging to 765 people, is facing an imprisonment sentence spanning 5-yrs, published V3.co.uk dated October 10, 2013.

A confirmation follows by NCA (National Crime Agency) of the sentence announced in the Crown Court of inner London for Olukunle Babatunde, aged 27, who's to spend 5 and a half years in jail since he admitted carrying out a defrauding exercise against UK banks.

Together with the sentenced Babatunde, Tamar Abdulhamid, aged 25, too is known to have admitted conniving towards stealing as well as hiding criminal property.

Both individuals were arrested since one investigation (that is still continuing) by UK officials probed how the filched financial data got distributed in an operation by well-managed, global crime gangs. The gangs understandably, execute advanced phishing scams.

Reportedly, during working of these scams, several phishing electronic mails are sent to accounts of different kinds of victims as they're tricked into divulging personal login details for Internet-banking. The filched particulars then get distributed for a price through cyber underground economies else utilized for conducting spurious transactions.

In the 1st-week of October 2013, the NCA launched what it called "The British response to Federal Bureau of Investigation" and added one brief on how well-managed cyber-crime in United Kingdom could be tackled. The Agency's investigative IT cell, NCCU (National Cyber Crime Unit), initiated simultaneously, was made to guide forward United Kingdom in dealing with cyber-crime threats.

For doing this, NCCU in collaboration with police groups as well as organizations inside and outside UK will provide an elaborate tackling mechanism vis-à-vis cyber-criminals, utilizing enhanced intelligence and a large amount of operational resources.

NCCU Chief, Andy Archibald stated that the result, which followed, was excellent which was through a collaborative act among precursor agencies, while an assessment of an enormous database was involved leading to the identification of the 765 victimized accounts. IDG published this dated October 11, 2013.

Archibald added that NCA would keep on sharing intelligence/information about severe and organized Internet offence, making sure online-crime perpetrators harming the general people were spotted and brought to book.

» SPAMfighter News - 10/22/2013

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