A massive US crackdown on Net fraud has led to the arrest or conviction of 125 people, according to a statement by American law enforcement groups issued today.
The crackdown - dubbed Operation Cyber Sweep - brings together more than 100 investigations in which more than 125,000 victims worldwide are believed to have lost in excess of $100 million.
Criminal schemes targeted in the program include auction fraud, spoofing/phishing, credit card fraud, extortion, software piracy, intellectual property theft, hacking, economic espionage, identity theft and a variety of other traditional crimes that have migrated online.
Quite a list.
Operation Cyber Sweep has been co-ordinated by The Department of Justice, the FBI, the US Postal Inspection Service, the US Secret Service, the US Trade Commission and the Bureau of Immigration and Customs Enforcement.
More than 350 people were targeted in Operation Cyber Sweep investigations, leading to 125 arrests and convictions, 70 indictments and the execution of 90 search warrants.
The operation began last month and continues. ®
Statement on Operation Cyber Sweep by the Internet Fraud Complaint Centre (IFCC)