News
News
5/24/2006
11:29 AM
Connect Directly
RSS
E-Mail
50%
50%

Hundreds Collared In Global Net Scams

Police arrested more than 560 people in the past 15 months in "Operation Global Con," charging them with bilking nearly 3 million people out of more than $1 billion in schemes including bogus investments, fake lotteries and sweepstakes, and phony credit cards.

Police arrested more than 560 people worldwide in the past 15 months on fraud charges, including sophisticated Internet scams, U.S. Attorney General Alberto Gonzales announced Tuesday.

The international effort, dubbed "Operation Global Con," resulted in 96 investigations in the U.S. alone, and the arrest of 140 for their part in schemes that used telemarketing, the Internet, and junk mail to cheat people using bogus investments, fake lotteries and sweepstakes schemes, phony credit cards, and tax frauds. Nearly 3 million people had been bilked over $1 billion in the schemes.

Technology was at the core of the crack-down. "Cutting-edge technology enables us to reduce the actual exchange of personnel typical of international task forces," Gonzales said in a statement. "Our virtual task forces with Costa Rica and the Netherlands provide a new model for bringing international con artists to justice."

Global Con began in March 2005 and ended with arrests in the U.S., Canada, Costa Rica, the Netherlands, and Spain. A majority of the arrests took place in Spain.

The bust was the biggest campaign of its kind so far, added federal officials.

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A UBM Tech Radio episode on the changing economics of Flash storage used in data tiering -- sponsored by Dell.
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.