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	<title>Blast: Boston&#039;s Online Magazine &#187; fraud</title>
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		<title>FBI: Major cyber attacks in the rise</title>
		<link>http://blastmagazine.com/the-magazine/technology/2008/10/fbi-major-cyber-attacks-in-the-rise/</link>
		<comments>http://blastmagazine.com/the-magazine/technology/2008/10/fbi-major-cyber-attacks-in-the-rise/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 23:52:05 +0000</pubDate>
		<dc:creator>John M. Guilfoil</dc:creator>
				<category><![CDATA[Computers]]></category>
		<category><![CDATA[Crime and Justice]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[National News]]></category>
		<category><![CDATA[Science and Technology]]></category>
		<category><![CDATA[The News]]></category>
		<category><![CDATA[cyber crime]]></category>
		<category><![CDATA[fbi]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[hack]]></category>
		<category><![CDATA[hacker]]></category>
		<category><![CDATA[hacking]]></category>
		<category><![CDATA[internet]]></category>

		<guid isPermaLink="false">http://blastmagazine.com/?p=4431</guid>
		<description><![CDATA[The bad guys are going virtual more and more, and American businesses and government networks are getting victimized at a record pace, according to an FBI report.
&#8220;The increasing number of such crimes not only impacts the economy but threatens national security,&#8221; the FBI said Friday.
The man at the head of the opposition is the FBI&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p>The bad guys are going virtual more and more, and American businesses and government networks are getting victimized at a record pace, according to an FBI <a href="http://www.fbi.gov/page2/oct08/cyberthreat101708.html" target="_blank">report</a>.</p>
<p>&#8220;The increasing number of such crimes not only impacts the economy but threatens national security,&#8221; the FBI said Friday.</p>
<p>The man at the head of the opposition is the FBI&#8217;s Shawn Henry, recently appointed head of their Cyber Division. He told reporters Wednesday that the FBI has literally thousands of open cyber crime cases.</p>
<p>&#8220;One case in point: We joined our international partners yesterday in announcing a major takedown of a transnational criminal network that was buying and selling stolen financial information through an online forum known as &#8216;<a href="http://www.fbi.gov/pressrel/pressrel08/darkmarket101608.htm" target="_blank">Dark Market</a>&#8216;,&#8221; the FBI said Friday.</p>
<p>&#8220;The business of the United States is done on the Internet,&#8221; said Henry, &#8220;And the information that flows electronically 24/7 is increasingly the target of not only identity thieves and scammers, but organized crime groups, terrorists, and overseas governments.&#8221;</p>
<p>Yes, even other countries are trying to virtually penetrate the U.S. Henry says about 24 different governments have an &#8220;aggressive interest&#8221; in obtaining information from or making attacks against American cyber infrastructure.</p>
<p>Henry says that individual hackers and crackers have grouped up into &#8220;virtual gangs.&#8221;</p>
<p>&#8220;In years gone by, if a gang wanted to rob a bank, it needed crooks with various skills &#8212; safe cracker, get-away driver, look-out, etc. That&#8217;s essentially what we&#8217;re seeing in the cyber world today, only these virtual gang members have never met in the physical world,&#8221; Henry said.</p>
<p>&#8220;There are organized groups that are very successful.&#8221;</p>
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		<title>Georgia man gets 3 years for Internet investment fraud</title>
		<link>http://blastmagazine.com/the-news/2008/10/georgia-man-gets-3-years-for-internet-investment-fraud/</link>
		<comments>http://blastmagazine.com/the-news/2008/10/georgia-man-gets-3-years-for-internet-investment-fraud/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 21:52:46 +0000</pubDate>
		<dc:creator>John M. Guilfoil</dc:creator>
				<category><![CDATA[Crime and Justice]]></category>
		<category><![CDATA[Local News]]></category>
		<category><![CDATA[The News]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[fbi]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[sec]]></category>

		<guid isPermaLink="false">http://blastmagazine.com/?p=4426</guid>
		<description><![CDATA[FBI says man operated out of a Boston apartment to dupe people out of almost half a million for a fake investment fund.]]></description>
			<content:encoded><![CDATA[<p>A Georgia man was sentenced Friday in U.S. District Court for using a website to fraudulently get people to invest in so-called &#8220;certificates&#8221;, promising a guaranteed rate of return after nine months. Of course, he just pocketed the money, authorities say.</p>
<p>Michael Patrick Luckett, 37, of Gainesville, Ga. got three years in jail followed by three years of supervised release and ordered to pay almost $100,000 in restitution to his victims. The Securities and Exchange Commission previously froze $220,900 in Luckett&#8217;s accounts, and they will start to distribute that to victims as well.</p>
<p>Luckett pleaded guilty to four counts of mail fraud July 14.</p>
<p>In his scheme, Luckett worked from his Boston apartment and duped about 15 people all around the country to send him more than $450,000 for investment in the fake &#8220;Transnational Fund&#8221;.</p>
<p>To try and hide his tracks, Luckett filtered the checks through an address in Hartford, which forwarded to Boston. It did not work.</p>
<p>The FBI says Luckett used nearly $100,000 of the funds received for expenses such as his personal rent and meals, making cash withdrawals and promoting the Transnational Fund website to try and get more money.</p>
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