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11/24/2003
02:35 PM
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Getting Tough On Cybercrime

A crackdown on internet fraud schemes, dubbed "Operation Cyber Sweep," has netted 125 arrests or convictions and more than 70 indictments, federal law-enforcement officials said last week. The operation began in October and involved more than 125,000 victims, with losses estimated to exceed $100 million. Operation Cyber Sweep was a coordinated effort among 34 U.S. attorneys, the FBI, the Federal Trade Commission, the Bureau of Immigration and Customs Enforcement, and other law-enforcement authorities. It targeted some common online fraud schemes, including identity-theft and international money laundering.

Image by Photonica

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