Phishing gang nabbed after woman robbed of £1 million life savings

The Met's Police Central e-crime Unit (PCeU) has arrested 14 people in connection with an extraordinary phishing attack that robbed a British woman of her APS1 million ($1.58 million) life savings. 

Spear-phishing stats revealed

Many of the 12 men and 2 women detained in London and the West Midlands are accused of acting as 'mules' who helped launder the siphoned funds from the woman and other victims in return for payouts of between APS9,000 to APS75,000 each.

According to the PCeU, much of the stolen money was spent by the suspects in only three days during the Christmas period on "items ranging from cheeseburgers to high-end computers and even gold bars."

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