Federal authorities today said they have arrested 130 online scammers and seized more than $17 million in assets as part of a continuing assault on Internet crime. The sweep is part of “Operation E-Con,” an ongoing investigation involving 89,000 victims and losses of more than $176 million. The crimes included multimillion-dollar swindles, online auction scams, identity theft, business-opportunity frauds, and intellectual property theft and piracy, the Justice Department said. “The Internet enables criminals to cloak themselves in anonymity, making it imperative that law enforcement act more quickly to stop newly emerging schemes before the perpetrators can disappear in the World Wide Web,” said U.S. Attorney General General John Ashcroft. Full Story
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