Hundreds arrested in $1B marketing fraud
International operation uncovers 2.8 million victims who suffered more than $1B in losses
Info World
By Grant Gross, IDG News Service
May 24, 2006
More than 565 people in North America and Europe have been arrested in an international sweep that targeted marketing fraud using the Internet and other means, the U.S. Department of Justice (DOJ) announced Tuesday.
The international operation, called Operation Global Con, targeted lottery and sweepstakes schemes, offers of nonexistent investments, bogus offers of preapproved credit cards, and fee scams similar to the popular Nigerian banking schemes, the DOJ said. Fraudsters used various means, including the Internet, telemarketing and mass mail, to target victims, the DOJ said.
