Internet frauds jump in S.Korea: police

The number of arrests linked to online fraud in South Korea, one of the world's most wired countries, increased by more than 50 percent in the past two years, police warned Wednesday.

Alibaba says China police arrest 36 in fraud probe

Police have arrested 36 people in southeast China following an investigation into fraud on e-commerce site Alibaba.com and other websites that duped buyers out of more than $6 million.

Major online poker room ordered to halt operations

One of the largest online poker rooms, Full Tilt Poker, was ordered Wednesday to immediately halt operations by authorities on the Channel Island of Alderney, where it is registered, the regulator said.

Two Latvians indicted in US in 'scareware' scam

Two Latvians have been indicted and dozens of computers and servers seized in the United States and Europe in a crackdown on international cybercrime, the US Justice Department said Wednesday.

Japan's brash Livedoor tycoon heads to jail

Sporting a mohican haircut and a protest T-shirt, Japan's maverick Internet tycoon Takafumi Horie on Monday started a two-and-a-half-year prison sentence for accounting fraud.

Japan Livedoor tycoon Horie to be jailed

Japan's brash Livedoor Internet tycoon Takafumi Horie will be jailed after losing his final appeal against a conviction for accounting fraud, a judicial official said Tuesday.

Anonymous vows payback for case against PS3 hacker

Internet vigilante group Anonymous has vowed retribution against Sony for taking legal action against hackers that cracked PlayStation 3 (PS3) defenses to change console operating software.

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