Feeds

Porn scamster jailed for 11 years

Biggest Net fraud ever, apparently

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

The man behind what has been described as the largest Internet fraud ever has finally been sentenced to more than 11 years behind bars. Kenneth Taves, 52 - who ran a porno website - netted a whopping $38m (£21m) in unauthorised credit card charges after "signing up" some 900,000 punters to his XXXX service.

The scam only came to light after a number of people complained that they were being billed $19.95 (£11.50) a month for a service to which they had not subscribed. Taves bought a list of credit card details and simply charged subscriptions to them.

Although those hit by Taves' scam are unlikely to get all their cash back, it's hoped that they will get a "substantial" amount of what they are owed. Some $13m has already been recovered, according to a report by AP, and US courts are still trying to recoup another $8m stashed away in banks in the South Pacific island of Vanuatu.

Taves pleaded guilty to the fraud charges back in 2001. Sentencing was delayed due to the complexity of the case and the fact that Taves changed lawyers several times. ®

Related stories

Porn site chief in $38m credit card scam
Porno Webmasters nailed in $43m credit scam
Web porn credit card scam biggest ever

Choosing a cloud hosting partner with confidence

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.