September 3, 2024 at 11:00AM
Three individuals pleaded guilty to running OTP.Agency, an online platform that provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K. They targeted more than 12,500 people, promising to deliver OTPs for over 30 online services for weekly subscriptions ranging from £30 to £380. They face charges with potential prison sentences of up to 14 years.
Based on the meeting notes, the key takeaways are:
– Three individuals have pleaded guilty to running OTP.Agency, which provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K.
– The individuals targeted more than 12,500 people between September 2019 and March 2021.
– The NCA shut down the OTP.Agency website in March 2021.
– The basic plan for the service cost £30 while the elite plan cost £380, and the individuals could have made up to £7.9 million from the venture.
– The individuals face charges of conspiracy to commit fraud, conspiracy to make and supply articles for use in fraud, and money laundering.
– The charges could carry a maximum prison sentence of up to 10 years or up to 14 years, as per UK law.
– The sentencing will be determined by the Snaresbrook Crown Court during a hearing scheduled for November 2.