The criminals use the account information stolen from the phishing victims to commit a financial fraud, buying goods and services online or transferring funds from the victim’s bank account. The criminals usually commit the fraud within a short time frame before it is detected.

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Mar 20, 2018 · The details required to access Lloyds Bank accounts with balances of roughly £5000, for example, are on sale for up to £400 each. PayPal, too, is a target for traders, and their sale prices also ... Screenshot of the fake page asking users to enter their personal and banking details Upon clicking the continue tab, the victim is taken to yet another fake page which shows a message stating that “Please synchronize your BOA account with your email to secure every transaction by card.”

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