Six people have been arrested on suspicion of stealing credit cards, personal information and banking details as part of a suspected online banking fraud.
On Tuesday 3 and Wednesday 4 August 2010, officers from the Metropolitan Police Service’s (MPS) Police Central e-Crime Unit (PCeU), assisted by the MPS Territorial Support Group and the Irish Garda Síochána Fraud Investigation Bureau, executed five search warrants across London and at an address in Navan, County Meath, Ireland.
[…]
Inquiries indicate that more than 10,000 online bank accounts and 10,000 credit cards have been compromised. Attempted bank account take-over fraud amounting to approximately £1.14 million has been identified with £358,000 stolen successfully. The total amount stolen using compromised credit cards has yet to be established, but by using the industry agreed standard formula is estimated to be worth more than £3 million.
Read more on Help Net Security.