FBI arrests 33 over international online bank fraud

The US Federal Bureau of Investigation (FBI) has arrested 33 of 53 suspects on charges of financial fraud aimed at customers of US-based banks through the use of 'phishing, an internet technique to illegally collect personal and confidential information.

The arrests follow an international investigation in the US and Egypt. The Egyptian authorities have charged 47 people alleged to be linked to the fraud.

Acting US Attorney George Cardona says the fraud had “a significant impact on two banks and

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