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UK: Teenagers accused of running cybercrime ring

Posted on August 6, 2010 by Dissent

Tom Espiner reports:

Five people accused of involvement in a UK-based online crime forum have appeared in a London court.

Prosecutor Matthew McCabe told City of Westminster Magistrates’ Court on Friday that 18-year-olds Nicholas Webber and Ryan Thomas had been involved in the management of a crime forum called GhostMarket.net.

Webber is accused of administrating the forum, which McCabe said offered its 8,000 global members a place to trade stolen credit card details, malware, access to online bank details and tutorials in various cybercrime techniques including hacking, spamming and phishing. The forum also included instructions for making bombs and crystal meth.

[…]

The Metropolitan Police Central eCrime Unit (PCeU) allegedly found over 100,000 credit card details on the seized laptop, which McCabe said could have resulted in up to £12m in losses to credit card companies. Police then seized further computing equipment and memory sticks from the pair, which allegedly offered further evidence that they were involved in GhostMarket.net, and also implicated another individual, 21-year-old Gary Paul Kelly.

Read more on ZDnet (UK)

Category: ID TheftNon-U.S.Of Note

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