10News.com

10 In The Community
The Law TV
Show Your Love
Sustain San Diego
10 News Leadership Award
The Cool TV
Money

Government Shuts Down Internet 'Phishing' Scam

19-Year-Old Identity Thief Halted By Feds

POSTED: 5:41 am PST March 24, 2004

Federal officials say they have shut down an identity theft scam.

A 19-year-old Houston man pleaded guilty last month to tricking Internet users into providing their credit card and bank account numbers. Federal prosecutors say Zachary Hill is set to be sentenced in May and could face up to 15 years in prison.

There's no comment from Hill, who is free on bond.

The government said Hill got hundreds of people to provide information by sending e-mails that appeared to come from America Online or Paypal.

The "from" line identified the sender as "billing center" or "account department," and the subject line carried warnings such as "AOL Billing Error Please Read Enclosed Email," and "Please Update Account Information Urgent!" The text of the message contained a warning that if the consumers did not respond to the e-mail, their account would be canceled.

The Federal Trade Commission calls this type of scam "phishing." The agency has also filed a civil action against Hill.

"Phishing is a two-time scam," said Timothy Muris, FTC chairman. "Phishers first steal a company's identity and then use it to victimize consumers by stealing their credit identities."

Additional Resources:

Advertiser Links

Credit Report

Checking your own report won’t affect your score. See what yours is instantly in 2 easy steps! More

Best Local Rates On...



LocalNational

30 Yr Fixed Mortgage3.88%3.87%

48 Mo New Car Loan4.71%4.03%

$30k Home Eq Loan7.19%5.98%

6 Month CD0.43%0.41%
Help! I don't understand!
More Rates


Sponsored Links

Stock Quotes

Sponsored Links

Smart Savings

Do you catch yourself counting every penny these days? Find money-saving ideas big and small in our Smart Savings guide. More


E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters