August Phishing Trends Report - US and number of phishing sites

"August Phishing Trends Report" (http://www.antiphishing.org/reports/apwg_report_August_2006.pdf) released by APWG recently, states:

In August, Websense® Security Labs saw a continuation of the top three countries hosing phishing websites. The United States remains the on the top of the list with 27.88%. The rest of the top 10 breakdown is as follows - China 14%, Republic of Korea 9.59%, France 4.07%, Japan 3.66%, Germany 3.23%, Australia 3.06%, Russia 2.46%, Canada 2.22%, Sweden 2.04%.

I find this surprising because I expected that it would be the easiest to shut down phishing sites in the US when compared to any other country and thus US would host the least phishing sites.

Any insights?

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