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bank fraud forum

British teenager faces jail for role in $19m internet scam

November 23, 2010
Total Loss: $19 million
A teenager who masterminded a $19million bank fraud on an internet crime forum is facing years behind bars. Nick Webber, 19, ran a website which sold stolen credit card details and offered tutorials in a range of scams. The site has been linked to frauds across the world which saw an estimated $12million plundered from 65,000 bank accounts. Prosecutors say American account details were made available to the website's 'customers' for $3, EU ones for $5 and UK ones for $6.
Source: Daily Mail
Posted in: Account Takeover Identity Theft ACH and Wire Fraud
Tags: cybercrimeACH and Wire Fraud