RealTime IT News

Online Scam Artist Charged with Stealing Millions

A Brooklyn man was arrested and charged Thursday with what is described as the largest identity theft in Internet history.

Abraham Abdallah is suspected of stealing millions of dollars by using the Web to invade the personal financial lives of celebrities, billionaires and corporate executives.

The 32-year-old bus boy allegedly invaded the bank, brokerage and credit card accounts of Steven Spielberg, Martha Stewart, George Lucas, Sumner Redstone, Oprah Winfrey, Ross Perot, George Soros, Warren Buffett, Ted Turner, Ronald Perelman, Carl Icahn, Larry Ellison, Michael Bloomberg, David Geffen, Barry Diller and Michael Eisner, according to the New York Post.

The online scam involved duping credit-reporting companies and gaining access to victims' credit cards and accounts at brokerage houses and investment banks, such as Goldman Sachs, Bear Stearns, Merrill Lynch and Fidelity Investments.

Abdallah insulated himself by using Web-enabled cell phones and virtual voice mail, which enabled him to receive messages and faxes without detection for six months, according to the report. He dispatched couriers to pick up packages ordered in his victims' names. The case reportedly has been turned over to federal authorities.

The New York Police Department and the Federal Bureau of Investigation were not available for comment at press time.