Home > News > FTC Details Defendants’ ‘Phishing’ Expedition • Bookmark   • Newsletters   • Register Search Options


FTC Details Defendants’ ‘Phishing’ Expedition

Get XBIZ News
Jun 17, 2004 1:26 PM PDT    Text size: 
WASHINGTON, D.C. — The Federal Trade Commission said several operators who used spam and copycat websites to con consumers into turning over financial data have agreed to settle federal charges.

The settlements announced Thursday will bar the two unnamed “phishing” defendants from sending spam for life and cost them each $125,000. One of the defendants also faces 46 months in prison on criminal charges filed by the Justice Department.

The settlements also bar the defendants from misrepresenting themselves as Internet service providers, using false “from” or “subject” lines and registering web pages that misrepresent the host or sponsor of the page.

Posing as America Online, the con artists sent consumers email messages claiming that there had been a problem with the billing of their AOL accounts. The email warned consumers that if they did not update their billing information, they risked losing their accounts. The messages directed consumers to click on a hyperlink in the body of the email to connect to the “AOL Billing Center.”

When consumers clicked on the link they landed on a site that contained AOL’s logo, type style, colors, and links to real AOL web pages. It appeared to be AOL’s Billing Center. But it was not.

The FTC said the defendants had hijacked AOL’s identity and used it to steal consumers’ identities. The defendants ran a similar scam using the hijacked identity of PayPal.

Regulators charged the defendants with violating laws barring unfair and deceptive practices, and the Gramm Leach Bliley Act, which bars using false or fictitious statements to obtain consumers’ financial information.

In related news Thursday, Visa U.S.A. announced it is joining with the FTC, the Treasury Department, the Better Business Bureau and Call for Action to raise awareness about phishing and educate computer users on how to avoid being victimized.

Earlier this week, several big companies, including International Business Machines Corp., Fidelity Investments and Tenet Healthcare Corp., announced the formation of the Trusted Electronic Communications Forum, a trade group dedicated to creating technical standards to combat phishing.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !


E-Stim Basics: Selling Customers on Powerboxes as Pleasure Tools

Electrosex is a commonly misunderstood pleasure practice for good reason: Most of us have negative associations with electricity; maybe we’ve been shocked after rubbing our feet across a carpeted... More »

Search Oftentimes Is Left to Chance

Adult content is frowned upon in search, whether in paid, organic or social. With the big algo updates from the past few years, Google has cleaned up search, trying to get rid of spammy and low-quality... More »

Five Tips to Generate Repeat Business

A $50 sale is great. But what if you could get that same $50 sale to come back four times in the next few months? Here are some ideas how to achieve that. 1) On your receipts, you should have an option... More »
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.

Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.



Nov 04 - Nov 06
Edison, New Jersey

2016 Inked Awards

Nov 05 - Nov 05
Edison, New Jersey

XBIZ 2017

Jan 09 - Jan 13
Hollywood, CA

XBIZ Awards 2017

Jan 12 - Jan 12
Los Angeles, CA
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!