LabHost Owner Zak Coyne Sentenced to 8.5 Years for Phishing Fraud Affecting One Million Victims in 91 Countries

Zak Coyne, the owner of the phishing website LabHost, has been sentenced to eight and a half years in prison for facilitating cybercrime activities that defrauded approximately one million victims across 91 countries. The LabHost platform operated as a subscription-based 'one-stop shop' for phishing tools, enabling widespread online fraud that resulted in losses exceeding $184 million. Law enforcement agencies, including the Royal Canadian Mounted Police (RCMP) in Montreal, conducted operations targeting the LabHost network and its users. Following the takedown of the platform, authorities delivered tailored messages to unsuspecting users highlighting the evidence gathered on their criminal activities. The case underscores ongoing international efforts to combat cybercrime and phishing schemes.