Over 100 arrested in Britain’s biggest fraud probe

Over 100 were arrested in Britain’s biggest-ever fraud operation, through a website used by scammers to steal millions of pounds from Britons via fake bank phone calls.

According to reports, around 2,00,000 potential victims were targeted via the iSpoof fraud website, which was taken down this week by Scotland Yard’s cybercrime unit.

Police informed that at least 20 people every minute of the day were being contacted by scammers hiding behind false identities created using the site. They estimate that these fraudsters may have stolen close to £50m. The actual amount is likely to be higher as fraud is often underreported.