Feeds

UK ID theft gang jailed for £350K fraud

Six crooks jailed for 15.5 years

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Six British men were sentenced today to a combined total of 15 and a half years imprisonment for involvement in a major ID theft and fraud conspiracy. The fraud, which netted the gangs £350,000 over two years, is reckoned to be the biggest case of its kind to date in the UK .

The men used false identities obtained on the net to open bank accounts, obtain credit card and apply for loans and overdrafts. Through this subterfuge they obtained £315,000 from Lloyds TSB and a total of £30,000 from the Halifax and Cooperative banks.

Alerted by Lloyds TSB to the fraud, the National Hi-Tech Crime Unit (NHTCU) investigated and arrested six men from the London area. As part of the investigation, police recovered thousands of individual pieces of evidence ranging from passports to utility bills from a variety of addresses in London and the Home Counties.

The NHTCU reports that the men used "sophisticated techniques to obtain false identities over the Internet". The six used information from a mortgage auction site to obtain the details of people who had recently died. They then applied for accounts in the names of these people, while simultaneously applying to redirect mail to addresses where the fraudsters could pick up 'ghost mail' and 'confirm' fraudulent applications.

The men used the money to live the high life, buying houses and high performance cars, as well as investing money in properties in the UK and Nigeria. Cars, including a Porsche, cash and jewellery have been seized by the NHTCU under the Proceeds of Crime Act 2002.

Confronted by the evidence against them, all six pleaded guilty to conspiracy to defraud Lloyds TSB.

They were sentenced today at Wood Green Crown Court, where the following jail terms were imposed by Her Honour Judge Stern QC:

  • George O’Neill, 39, from Enfield in Middlesex - 2.5 years imprisonment
  • Ibrahim Sanyaolu, 24, from Chadwell Heath in Essex - 4.5 years
  • Toluwalaise Ajike, 29, of no fixed abode - two years
  • Mark Obeisan, 28, from London - two years
  • Martin Badejoko, 30, from Chadwell Heath in Essex - three years
  • Huseyin Ekinci, aged 21, from London - 18 months

The case is the biggest conviction achieved by the National Hi-Tech Crime Unit since its inception three years ago.



Detective Chief Superintendent Len Hynds, head of the National Hi-Tech Crime Unit, said: "Identity theft is a growing problem, particularly over the Internet, and this case underlines the need for people to do everything they can to protect that most precious commodity - their identity.” ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Regin: The super-spyware the security industry has been silent about
NSA fingered as likely source of complex malware family
Why did it take antivirus giants YEARS to drill into super-scary Regin? Symantec responds...
FYI this isn't just going to target Windows, Linux and OS X fans
Privacy bods offer GOV SPY VICTIMS a FREE SPYWARE SNIFFER
Looks for gov malware that evades most antivirus
Home Office: Fancy flogging us some SECRET SPY GEAR?
If you do, tell NOBODY what it's for or how it works
HACKERS can DELETE SURVEILLANCE DVRS remotely – report
Hikvision devices wide open to hacking, claim securobods
'Regin': The 'New Stuxnet' spook-grade SOFTWARE WEAPON described
'A degree of technical competence rarely seen'
Syrian Electronic Army in news site 'hack' POP-UP MAYHEM
Gigya redirect exploit blamed for pop-rageous ploy
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.