PC World: 38 in US, Romania Charged in Phishing Schemes: by Grant Gross

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Thirty-eight people in the U.S. and Romania have been charged in two indictments alleging they used complicated Internet phishing schemes to steal thousands of credit and debit card numbers, U.S. and Romanian authorities announced Monday. The indictments, in U.S. District Court for the Central District of California and the District of Connecticut, focus on two related phishing schemes with ties to organized crime, the U.S. Department of Justice said. Phishing involves sending e-mail messages that look like official correspondents from banks or credit card vendors in an attempt to get recipients to go to a fake Web site and enter their account numbers. The Romanian members of the organization obtained thousands of credit and debit card accounts and other personal information through phishing, according to the indictment. The group sent more than 1.3 million spam e-mail messages in one phishing attack, the DOJ said. The Romanians collected the victims' information and sent the data to cashiers in the U.S. through Internet chat messages, the DOJ said. The U.S. cashiers used hardware called encoders to record the fraudulently obtained information onto the magnetic strips on the back of credit and debit cards. Cashiers then directed other criminals called runners to test the fraudulent cards by checking balances or withdrawing small amounts of money at ATMs.