More than 100 people have been arrested in the UK's biggest-ever scam, with operators busted on a website described by police as a "spoofing shop" used by scammers to steal tens of millions of pounds from Britons via phone calls. Fake bank phone.
It is estimated that more than 200,000 potential victims were targeted via the iSpoof scam website, which was taken down this week by Scotland Yard's cybercrime unit with the help of authorities in the US and Ukraine.
At one point, nearly 20 people were contacted every minute of the day by scammers hiding behind fake identities created using the site, and it is estimated that the criminals may have stolen close to £50m. The actual amount is likely to be higher as fraud is not often reported.
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