Big Phishing Kingpin Didn't Actually Make Any Money
from the forgot-the-second-part dept
Earlier this year, we wrote about Microsoft helping to take down a small fry phisher in Iowa, noting that for all the hype it was getting it looked like one random kid playing around with a phishing scam. Considering that most phishing scams appear to be run offshore by organized crime groups, it didn’t seem that noteworthy that Microsoft had tracked down one kid setting up a fake MSN page and spamming people. zanek writes in to point to a story he wrote with some more details about the case, including the fact that the kid never actually made any money out of the scam. He got a bunch of people to hand over the information, but it looks like he never actually did anything once he had that info. So, the $57,294.07 fine that he received wasn’t for the money stolen, but simply to pay for the investigation into the crime. Yet, at the time, it was made out to be a “sophisticated” phishing scam that required nearly a year of detailed investigation from Microsoft to crack.