$3m phishing scam nets 3,300 eBay employees

To say the least, it's a startling revelation that more than 3,300 eBay employees were tricked into turning over credentials to highly restricted parts of their company's network. Over the past few years, the online auction house, along with its PayPal subsidiary and Skype VoIP service, have been hotbeds for fraud that can cost customers thousands of dollars, not to mention days, weeks or months to clear up. eBay's common refrain is to warn users about the perils of phishing attacks, but evidently the company doesn't take its own advice.

"The Romanian authorities' arrest of Liviu Mihail Concioiu and his conspirators is a great victory in the global fight against Internet fraud. eBay's internal investigations team has been working closely with Romanian and U.S. law enforcement on this investigation since May of 2009, and we are confident that the evidence will link these individuals to a series of online attacks and organized criminal activity."