Feeds

Penang fraud gang 'ringleader' snared by Taiwan police

Gang man Huang banged up

3 Big data security analytics techniques

The suspected ringleader of an internet and telephone fraud gang based in Penang, Malaysia, has been nabbed by police after being lured to Taiwan by his former gang-mates, it has emerged.

A Taiwanese man known as Huang was reportedly arrested at Taoyuan International Airport near Taipei as he re-entered the country at the end of January, two weeks after over 30 of his alleged gang mates were nicked during Penang raids earlier that month.

Taiwanese police are said to have used 10 members of the gang arrested in the earlier raids to persuade Huang to come back to the country.

The gang, which reportedly comprised Taiwanese, Malaysian and Chinese nationals and was nicknamed the “Macau Cheats”, may have coined in as much as NT$400m (£8.6m) in nearly two years.

Members of the gang were recruited though newspaper and internet ads offering to pay large sums for telephone sales staff based in Malaysia.

However, the actual role entailed them cold-calling mainly Chinese nationals, pretending to be bank workers, police officers and other officials and persuading the victim to transfer funds to accounts owned by the fraudsters.

Separately, local news has reported that Penang police have seized over 1,000 computerised gambling machines already this year in an attempt to crack a large-scale syndicate operating illegal gambling premises disguised as cyber cafes.

According to the New Straits Times, such operations remain widespread despite a concerted police crackdown because of the large sums on offer. Gambling ringleaders can expect to make upwards of £370,000 a year, the reports suggested. ®

3 Big data security analytics techniques

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.