Phony Web Site Targets Madoff Victims, Claims $1.3B Discovered In Hideout

[jeff of pa]

The "look-alike" site copies the artwork and structural design of the Securities Investor Protection Corp. (SIPC), the group formed by Congress to assist customers of insolvent brokerage firms that has issued the warning. It claims to represent the "International Securities Investor Protection Corp." in what is described as a classic phishing site.

"We know from information provided to us by individuals that this bogus group is already attempting to obtain funds and confidential financial information from investors in the U.S.," SIPC president Stephen Harbeck said. "We intend to use every available means to shut down this illicit operation."

http://abcnews.go.com/Blotter/Madof...s-madoff-victims-claims-13b/story?id=10057486

 

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