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Old 06-27-2012, 07:25 PM   #1
gettoblaster

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Oct 2005
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Default FBI Arrests Six British 'Hackers' In 'Biggest Ever' Undercover Sting
By Matt Blake | PUBLISHED: 10:33 GMT, 27 June 2012 | The Daily Mail

The FBI has arrested six suspected British hackers accused of masterminding a global network of
online fraudsters trading in stolen bank and credit card information.

They were among 24 suspects held across four continents yesterday following a painstaking two-year
undercover sting, described as the biggest of its kind to be launched against financial cybercriminals.

The international gang is believed to have coordinated a multi-million pound internet black market trading
in illegal hacking software and stolen personal information.



The operation foiled
suspected fraudsters carrying out 'carding' schemes in America, Europe, Asia and
Australia and protected more than 400,000 potential victims losing £131 million from debit and credit
cards, the FBI said.

Authorities from 30 different countries are believed to have been involved in the operation.

A total of 11 people were arrested in the US, while suspects were held in 12 other countries including
the UK, Norway, Italy and Japan.

All are accused of buying and selling hacking programs and stolen personal information online.

The arrests came after undercover FBI investigators set up a bogus website where fraudsters involved
in carding schemes could buy and sell stolen information and programmes.

Manhattan US Attorney Preet Bharara said
: 'The coordinated law enforcement actions taken by an
unprecedented number of countries around the world demonstrate that hackers and fraudsters cannot
count on being able to prowl the internet in anonymity and with impunity, even across national boundaries.

'Clever computer criminals operating behind the supposed veil of the Internet are still subject to the long
arm of the law.'
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