UK Police stated that they have infiltrated a massive phishing website on the dark web that has defrauded tens of thousands of individuals, and learned that university students have turned to cyber fraud as a way to increase their revenue.
LabHost was a cyber fraud emporium that allowed users to create realistic-looking websites from major names such as big institutions, ensnaring victims all around the world, including 70,000 in the United Kingdom. It has been in operation from 2021.
Victims entered private data, some of which were used to steal money, but the site’s creators also profited by selling details to fraudsters on the dark web.
According to the Metropolitan police, the majority of the victims were between the ages of 25 and 44, and they spent the majority of their time online.
Police believe they apprehended one of the site’s major suspected masterminds this week, among 37 individuals held in the UK and abroad.
The Metropolitan Police reported that arrests we
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