LabHost enabled users to set up websites designed to trick victims into revealing personal information – with 70,000 allegedly duped in the UK Unive

Students turning to cyberfraud as huge phishing site infiltrated, police reveal

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2024-04-18 12:00:02

LabHost enabled users to set up websites designed to trick victims into revealing personal information – with 70,000 allegedly duped in the UK

University students have turned to cyber fraud to boost their income, police have said, as they revealed they have infiltrated a huge phishing site on the dark web responsible for scamming tens of thousands of people.

The site called LabHost was active since 2021 and was a cyber fraud superstore, allowing users to produce realistic-looking websites from household names such as the big banks, ensnaring victims around the world including 70,000 in the UK.

Victims entered their sensitive details, some of which were used to steal money, but those behind the site also made money by selling details on the dark web for fraudsters to use.

Police believe they arrested one of the site’s main alleged masterminds this week among 37 suspects detained across the UK and overseas. The Met said arrests were made at Manchester and Luton airports, and in Essex and London.