Showing posts with label online scam. Show all posts
Showing posts with label online scam. Show all posts

Sunday, October 5, 2008

Israeli Hacker in Multimillion-dollar Online Fraud

The United States is seeking the extradition of an Israeli hacker known as "The Analyzer" from Canada. He is believed to be the mastermind of a multimillion-dollar worldwide online fraud.

Ehud Tenenbaum is aged 29.He was arrested in late August over charges relating to a $1.8-million theft from a Calgary financial institution. While he was granted bail last week, he was arrested again on a provisional warrant under the Extradition Act before he could post the required $30,000 bail.

Canwest News Service reported on Friday that Court of Queen's Bench Justice Bryan Mahoney denied Tenenbaum bail on the U.S. charges. The court heard on Friday that the allegations against Tenenbaum involved potentially hundreds of financial institutions in Russia, Turkey, the Netherlands, Sweden, Belgium, Germany and other countries.

"Mr. Tenenbaum is alleged by the government of the U.S. to be one of the principal hackers, if not the mastermind, of their entire global operation," Canwest quoted federal Crown prosecutor David Gates as arguing.

"Mr. Tenenbaum and others did the actual hacking into financial institutions to obtain [debit and credit] card PIN numbers, and then sold them to others in their operation."

The U.S. government now has 60 days to submit an extradition order to have him taken back to face the charges, according to Canwest. Canada's justice minister then has 30 days to decide whether or not an extradition hearing can take place.

Mr.Tenenbaum is quite a renowned man and not any 'roadside-chap' as you would think. He was earlier sentenced to 15 months in jail in Israel in 1998 for hacking into the Pentagon computer system in the U.S.

Source: Ha'aretz, Tel Aviv, Israel

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Tuesday, September 23, 2008

Aussies Sue International Olympic Committee for Ticket Scam

Australians and other victims of the online Beijing Olympic ticket scam are suing the International Olympic Committee (IOC) for millions of dollars.

Texan class-action lawyer, Jim Moriarty, is representing the 400 victims.

He also has his legal sights set on the London-based touts allegedly behind the scam, the US Olympic Committee and the official US provider of Beijing tickets, JetSet/CoSport.

Mr. Moriarty said, “The ultimate bad guys are the crooks in England and then the people that aided and facilitated their fraud and that clearly goes back directly to the IOC.”

Mr. Moriarty was also one of the victims of the ticket scam.

The 62-year-old lawyer lost $US12,000 ($14,235) in the ticket scam.

Mr. Moriarty said his lawsuits also would likely reveal why sports fans and the families of athletes were unable to secure tickets through the official Olympic ticket suppliers.

Many victims were told official ticket supplies were sold out despite plenty of vacant seats visible during the TV broadcast of the Olympics.

Source: News.com.au, Australia

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