Cybercrooks busted for multimillion-dollar identity fraud

A trio of Australians has been charged with identity theft that netted AU$11 million (US$7.41m, £5.73m) – ill-gotten loot they allegedly ripped off by into businesses and modifying their payrolls, pension payments (known as superannuation in Australia) and credit card details.

According to ABC News, police arrested the alleged cyber-robber – an unidentified 31-year-old man, formerly of Adelaide – at a library in Sydney’s Green Square earlier this week.

His alleged cyber accomplices were 32-year-old Jason Lees and 28-year-old Emily Walker, both arrested in the Adelaide suburb of Seaton. According to Walker’s Facebook profile, they’re a couple.data-attachment-id="476504" -permalink="https://nakedsecurity.sophos.com/2020/02/07/cybercrooks--for-multimillion-dollar-identity-fraud/arrested-couple/" data-orig-file="https://sophosnews.files.wordpress.com/2020/02/arrested-couple.jpg" data-orig-size="715,715" data-comments-opened="1" data-image-meta="{" data-image-title="Jason Lees and Emily Walker, accused of money laundering and deception offenses." data-image-description=""

New South Wales police reportedly said that the unidentified 31-year-old man allegedly stole more than 80 personal and financial profiles so as to use them in identity fraud in South Australia from early 2019, and then in NSW from August 2019. He’s been charged with 24 fraud-related charges in Newtown Local Court. Walker and Lees have been charged with money laundering and deception.

(What’s the difference between lies, deception and fraud, you well may ask if you’re not Australian? Under Australian criminal law, not all lies are deception, and not all deceptions amount to fraud, according to the law firm Sydney Criminal Lawyers. Here’s the law firm’s explanation.)

According to ABC News, the police prosecutor, Senior Sergeant Mike Tolson, told the court that the prosecution anticipates bringing hundreds of additional charges.

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