The Man Behind the Dark Net Marketplace Phishing Scheme has been arrested
Michael Richo of Wallingford, Connecticut, was arrested yesterday after an FBI investigation. It is unknown exactly how long Richo was being investigated, but he is being accused of being the man behind the dark net market phishing scheme.
For some time now, dark net market users have been issued warnings regarding phishing links that were being deployed and posted on forums. When users clicked these malicious links, they were directed to what appeared to be the appropriate marketplace log in. Little did they know that it was a page designed to look identical to the real thing. This page, however, just happened to be stealing log in credentials.
After Richo gained control of the unlucky user’s account, he would monitor them for deposits, and then proceeded to withdraw the bitcoin account balances and deposit them into his own bitcoin wallet. After the bitcoin were in his wallet, Richo then sold the stolen coin to individuals for fiat currency, which was then deposited into a bank account under the control of Richo.
http://themerkle.com/the-man-behind-the-dark-net-marketplace-phishing-scheme-has-been-arrested/
