Operation Web Snare

By Deane Barker on August 26, 2004

53 convicted for Internet crimes after government sweeps: I hope you all feel just a little bit safer.

Operation Web Snare, which began June 1, wrapped up Thursday with several arrests at locations across the country. Justice Department officials said victims lost more than $215 million.

They said there were 160 investigations against the various schemes aimed at 350 subjects resulting in 117 criminal complaints or indictments and 140 search warrants.

Attorney General John Ashcroft announced the results of the initiative, which he said was targeted at a variety of online economic crimes, including identity theft, fraud, counterfeit software, computer intrusions and intellectual property theft.