The US Department of Justice has warned that fraudulent bank advertisements appearing on Google and Bing were used in an alleged account takeover scheme that resulted in approximately $14.6 million (£11.0 million) in actual losses among at least 19 identified US victims.
Prosecutors say the scheme used sponsored search links to direct banking customers to fake login pages designed to capture credentials before those details were allegedly used to access real accounts and make unauthorised wire transfers.
