Cybercrooks busted for multimillion-dollar identity fraud

A trio of Australians has been charged with identity theft that netted AUD $11 million (USD $7.41m, £5.73m) – ill-gotten loot they allegedly ripped off by hacking 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.

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