Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 14 submissions in the queue.
posted by martyb on Friday February 09 2018, @10:54AM   Printer-friendly
from the card-iologists dept.

The US just took down one of the larger online crime organizations in recent memory -- certainly one of the largest prosecuted by the feds. Department of Justice officials have filed charges against 36 people allegedly involved with Infraud Organization (no really, that's the name), a global cybercrime ring with roots in the US as well as numerous other countries. Combined, the group is believed to have trafficked in stolen financial data (including up to 4 million cards), identities and contraband worth over $530 million in losses. And that's what they actually managed to accomplish. Reportedly, they hoped to inflict a total of $2.2 billion in damage.

Source: Engadget


Original Submission

This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
(1)
  • (Score: 0) by Anonymous Coward on Friday February 09 2018, @05:36PM (1 child)

    by Anonymous Coward on Friday February 09 2018, @05:36PM (#635600)

    "Combined, the group is believed to have trafficked in stolen financial data (including up to 4 million cards), identities and contraband worth over $530 million in losses."

    so they didn't do anything wrong then? only showed this scam for what it really is?

    • (Score: 0) by Anonymous Coward on Saturday February 10 2018, @06:08PM

      by Anonymous Coward on Saturday February 10 2018, @06:08PM (#636078)

      They get exactly what they sign up for...

(1)