14 years for credit card fraud

A listing of any stories pertaining to cybercriminal investigations which result in firm legal action.

14 years for credit card fraud

Postby Red Dwarf » Tue Sep 13, 2011 6:25 pm

Ref: http://news.hostexploit.com/cybercrime- ... tion-.html
Tue Sept 13, 2011
A 21 year old man received a 14 year prison sentenced on Friday for running an online business that sold counterfeit credit cards encoded with stolen account information with losses estimated at more than $3 million.

Tony Perez was a frequent visitor to carding forums where like-minded people meet online to buy and sell stolen financial account information and other goods and services that promote credit card fraud.
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Red Dwarf
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Re: 14 years for credit card fraud

Postby issviews » Wed Sep 14, 2011 7:09 pm

14 years, GOOD. :P :lol: We need stiff sentences like this to deter the ever increasing numbers getting into cyber crime.
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