Two men from Romania were extradited to the United States last May after being accused of running a fraud operation that installed malware on point-of-sale computers attacking hundreds of merchants, although mainly Subway restaurants, from 2009 to 2011. In late September the two men plead guilty to multiple charges and will each face time behind
(More)…
An ongoing investigation conducted by the UK’s Serious Organized Crime Agency (SOCA), working with the FBI and the U.S. Department of Justice, resulted in the arrest of multiple fraudsters and the closure of thirty-six web domains used to sell compromised card and payment account data. Read More
Analyzing around 1 billion transactions placed with U.S. eCommerce merchants and where they originated during the first quarter of 2012, fraud solution provider ThreatMetrix tallied a list of the top U.S. cities where fraudulent transactions are attempted online. Consider taking a closer look at transactions originating from these locations: Read More
A common browser-based malware attack often targeted at online banking sites has now been configured to attempt and phish credit card details from users logging in to their Facebook accounts. Read More
A fraudster was sentenced to over 17 years in prison for devising a scam where he registered fake debt collection companies to gain access to consumer PII which he then used to open almost 600 fraudulent credit card accounts. Read More
Vladimir Zdorovenin was recently extradited to the United States on multiple charges after spreading malware and perpetrating various scams with a co-conspirator, his son, who is still at large. Read More
A 17 year old recently plead guilty to two juvenile counts of forgery and identity theft after making at least $13,000 in fraudulent purchases using card numbers he skimmed while working the drive-thru window at McDonald’s. Read More
A fifteen year old in the Memphis, Tennessee area recently pleaded guilty to fraudulent use of credit cards, forgery and criminal impersonation charges after impersonating a police officer when calling victims to obtain their credit card numbers. Read More
While the Credit CARD Act of 2009 included several provisions to protect consumers from hidden fees and expiration dates with gift cards, these popular holiday gifts can still be vulnerable to fraud. A gift card scam that made rounds this past holiday season involved skimming gift cards before they were purchased and waiting until they
(More)…
For several years now fraudsters have been obtaining credit card numbers by hiding skimmers in gas pumps, but a fraud ring from Central Florida took this a step further. Not only did they counterfeit cards skimmed from consumers paying-at-the-pump, but they then used the counterfeit cards to steal large amounts of fuel which they later
(More)…
