Fraud website run in UK used to fleece up to 70,000 Brits taken down by cops in huge operation at 37...

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Fraud website run in UK used to fleece up to 70,000 Brits taken down by cops in huge operation at 37 arrested

AN ONLINE fraud website used by cyber crooks to fleece victims on an industrial scale has been smashed by cops, it can be revealed today.LabHost provided tools for tricksters across the globe to set up phishing trawls luring computer users into revealing personal information and bank details.Up to 70,000 people in Britain fell victim to the site’s scams and 480,000 card numbers and 64,000 PIN’s were obtained from across the world.

LabHost even provided templates and an easy to follow tutorial allowing would-be fraudsters with limited IT knowledge to use the service.By the beginning of this year, more than 40,000 fraudulent sites had been created through LabHost and 2,000 users were registered. Met deputy commissioner Dame Lynne Owens, said: “You are more likely to be a victim of fraud than any other“Our collective approach should ensure suspects feel that same level of distrust in their own criminal environment.”“They believe they can hide behind digital identities and platforms such as LabHost and have absolute confidence these sites are impenetrable by policing.

 

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