Guilty plea in Wal-Mart phishing case
11 September 2009 - 11:54 - Finextra
A member of a phishing gang that stole financial information from thousands of people and used it to open credit accounts at Wal-Mart stores has pleaded guilty.
Tien "Tim" Truong Nguyen, from California, pleaded guilty to conspiracy, access device fraud, aggravated identity theft and being a felon in possession of a firearm, the day before his case was set to go to trial.
Nguyen was arrested in 2007, accused of setting up Web sites designed to look like they belonged to banks and other firms like PayPal. He then sent out phishing e-mails directing victims to the sites, where they were asked to enter sensitive information.
The scam netted him, and Eastern European accomplices, thousands of credit and debit card numbers, social security numbers and other personal identification information.
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