'Phishing' e-mail scams reel in IDs

Wednesday, 23 July 2003, 11:17 AM EST

The official-looking messages tell recipients that, because of technical problems, billing information and social security numbers for their accounts must be resubmitted. Scam artists recreate pages using information from legitimate Web sites in hopes of fooling consumers into providing their personal data.

"Phishing is a two time scam," FTC Chairman Timothy Muris said. "Phishers first steal a company's identity and then use it to victimize consumers by stealing their credit identities."

[ Read more ]




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