Article: Yahoo Japan to seek 30 million yen in compensation over phishing.

Sep. 30--TOKYO -- Yahoo Japan Corp. intends to file a lawsuit seeking about 30 million yen in compensation from 14 indicted members of a phishing ring that lured people to a fake Yahoo Japan auction site to steal personal information, company sources said Saturday.

To be filed with the Tokyo District Court in October at the earliest, it will be the first damages suit in Japan by an Internet auction site operator over organized phishing fraud, the sources said.

Yahoo Japan wants to win damages from the 14 equal to the amount it paid out to compensate the victims of the fraud, they said. The 14 were indicted earlier this year on charges of fraud and ...

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