US Criminals Responsible for Widespread Credit Card Fraud

 

In a case that sounds like a script, US criminals stole more than $1 million by using hundreds of credit cards that were advertised for sale on the dark web. A portion of the details surrounding this complex criminal enterprise have become public after a federal indictment by the U.S. Department of Justice.

The defendant in the case of United States v. Trevor Osagie admitted to planning to steal credit card data between 2015 and 2018. Osagie worked with a gang of robbers to cause damages totaling more than $1.5 million. 

At least 4,000 people were affected. Osagie could be sentenced to up to 30 years in prison and must pay a $1 million fine, according to Bleeping Computer. May 25, 2023, has been designated as the judgement date. The top search engines do not index the websites and services found on the dark web, and only obscure methods are used to access them. The dark web isn’t always used for illegal activities, but because of its encryption and anonymity, criminals are drawn to it. 

Using the dark web, Osagie was able to recruit and su

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article: