Oz teens arrested in Net scam

Four Sydney high school students aged 15-17 have been charged with participation in a Russia-based Internet scam, the Associated Press reported. The scammers stole "stole people's banking passwords and siphoned cash [$457,000] into accounts in eastern Europe," according to the AP. "The four students were promised a cut of the profits for letting their bank accounts be used for laundering money stolen from Internet bankers via a computer virus that dropped a program for secretly recording passwords." The students were among 13 Australians arrested in connection with the scam by the time AP filed. Australian police said the students were targeted "because they were naive."