FBI nabs phishers in U.S., Eastern Europe | CNET News.com
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The FBI plans on Friday to announce the arrest of at least 16 individuals in connection with a global cybercrime investigation.

More than 20 FBI offices participated in the probe into a series of phishing attacks against a “major financial institution” that occurred in 2004 between August and October, according to materials provided by the FBI ahead of the announcement. Agents conducted investigations inside the U.S. and other countries to identify a ring of identity thieves who were acquiring and trading stolen credit and debit card numbers through an online forum.