In the Internet of Things era, fraudsters are cashing in on the scarcity of Internet Protocol numbers.
A South Carolina technology company faces charges of fraudulently obtaining more than 750,000 Internet Protocol addresses, The Post and Courier reports. U.S. federal prosecutors accuse Charleston, S.C.-based Micfo LLC and its CEO Amir Golestan of using at least 11 businesses to acquire the routing numbers from the American Registry for Internet Numbers (ARIN) Ltd.