Marketplace®
Every story is an economic story

Facebook spammer turns himself in. Like!

This is the guy who allegedly hacked into 500,000 Facebook accounts. Sanford Wallace surrendered to the FBI in California. He developed a program…

This is the guy who allegedly hacked into 500,000 Facebook accounts. Sanford Wallace surrendered to the FBI in California. He developed a program that circumvented Facebook spam and privacy filters. The program would post messages on users’ walls that appeared to be from their friends. The messages urge the user to visit a particular website and once there, the data harvesting begins. Classic phishing scam, of course, but likely a much higher rate of return given that the message appears to originate from a trusted source. Wallace faces up to 10 years in jail but he posted bail with money he stole from people.

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    3 hours ago
    25:22
  • Marketplace Morning Report
    10 hours ago
    7:09
  • Million Bazillion
    15 hours ago
    30:57
  • Marketplace Tech
    15 hours ago
    12:45
  • This Is Uncomfortable
    6 days ago
    28:44
  • Make Me Smart
    4 months ago
    24:33