Phishing attack nets €130,000 in hours

The suspects are believed to have reached their victims using fake 'phishing' emails, which trick unwary customers into revealing details – including passwords – of their bank accounts to the tricksters.

After the pair attempted to subsequently transfer their proceeds of crime to accounts in France and Madeira, anti-fraud protection systems at the bank concerned were triggered, and halted the transactions.

The police were promptly informed, and the two suspects – 38 and 40 years old – were arrested on July 1st.