Feeds

Cops cuff 4 in £1m banking fraud malware case

Two charged in cash-slurping email probe

Choosing a cloud hosting partner with confidence

Four people have been arrested and £80,000 in cash seized as part of a Met Police investigation into the theft of an estimated £1m from UK banks using malware.

Two men, both aged 31, and two women aged 24 and 27, were arrested on suspicion of conspiracy to defraud and conspiracy to launder money during raids on properties in Enfield and Islington on Tuesday.

The two men, Gediminas Simkus 31, of Bowes Rd in Enfield and Volodymyr Kurach 31, of Stadium Mews, Highbury, were subsequently charged with money laundering and fraud.

Police said they recovered a hand grenade at the Enfield address, which was been made safe by specialist explosive officers. The men have been held on remand while the women have been bailed until early next year.

Computers, smartphones and luxury goods including designer jewellery and a Range Rover were also seized during the raids. The computers and smartphones will be forensically examined for evidence of wrongdoing.

Officers from the Met's new Cyber Crime Unit carried out the raids following complaints from unnamed UK banks that their customers had been defrauded after opening emails purporting the come from the banks that were actually booby-trapped with malware.

Detective Chief Inspector Jason Tunn of the MPCCU said: “These arrests by the Met’s Cyber Crime Unit follow an investigation into what we suspect is an international and organised crime targeting a number of bank customers in London and across the UK. The victims have been hoodwinked by malware-carrying emails purporting to be from their banks, and subsequently had money taken from their accounts." ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
Inside the EYE of the TORnado: From Navy spooks to Silk Road
It's hard enough to peel the onion, are you hard enough to eat the core?
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
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?
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.