A Russian hacker is believed to have stolen 1.5 million Facebook logins, meaning one out of every 300 accounts.  The hacker, who calls himself “kirllos” and currently lives in New Zealand, says he can sell you 1,000 Facebook logins for $25 or an account for as little as 25 cents each.  Pricing depends on how many friends the account holder has.  About 700,000 accounts have been sold so far on an underground website but it is unknown if they are legitimate accounts for real Facebook users.

According to Facebook’s Simon Axten, Facebook is investigating the specific accounts kirllos has put up for sale and will block access to those that have been hacked until they can be restored to their original users.  In one previous Facebook scam, criminals sent out messages from a compromised account telling friends that they were trapped in a foreign country and needed money.  Hackers also send out links to malicous software to friends of the account holder.

Someone can obtain a Facebook account for very cheap.  There are 400 million users worldwide and many fall victim to scams each day.  Only add friends that you know, make sure your privacy settings protect your personal information, and don’t click on suspicious links.