BANKRUPT BANKER
French police have busted a ring of mobile phone hackers, whose members included employees of cellular phone companies. The ring had been operating for five years, selling about 30,000 stolen cell phone codes a month, and netting at least $675,000 a month, according to French authorities.
Investigators said that fraudsters purchased codes to unlock SIM cards for about $4 each from phone company employees who had access to company databases. The codes were sold online for about $40.
