Card fraudsters: A world unto themselves

Some 12 online credit card fraud networks are in operation today, with active traders on some Web sites numbering between 7,000 and 9,000, according to a Secret Service agent going by the name of Jake Jacobson.

With quasimilitary business models, alleged parliamentary links and even feedback forums on the more current "carding forums," the proceeds of some heists have reaped more than $15.9 million from stolen data, according to the interior minister of one country.

But who had any idea there was a funny side? Card fraudsters: A world unto themselves

Linked by shanmuga Thursday, 1st June 2006 1:58AM