Internet scam arrests

Four high school students in Sydney, Australia, have been charged over a Russian-based global internet scam that stole people’s online banking passwords and siphoned their cash into accounts in eastern Europe, police said.
New South Wales state police said the four students, aged 15-17, cannot be named for legal reasons.

The four students were promised a cut of the profits for letting their bank accounts be used for laundering the money, stolen from internet bankers via a computer virus that secretly recorded passwords, police said.