Cyrus Farivar reports: The accused leader of a massive international data theft ring was charged in a New Jersey federal court on Wednesday with conspiracy to commit bank fraud. American prosecutors allege that Duy Hai Truong, 23, was the mastermind behind a scheme involving $200 million in fraudulent charges. The Vietnamese citizen was arrested in his home country late last…
Category: ID Theft
Vietnam holds 8 who stole credit card info to filch $300M
Tuoitrenews reports: After a 2-year investigation in coordination with the US and UK police, the Vietnamese police have seized eight members of a transnational criminal ring that stole credit card information and e-commerce information to appropriate hundreds of millions of dollars from their victims in many countries. Read more on Tuoitrenews.
Rosewood Inn of the Anasazi to notify customers of security breach
So it seems Anasazi Hotel LLC had a server compromise that began on June 18, 2012, but they didn’t find out until they were notified by their card processor on March 21, 2013. Now, almost a year after the breach began, they will first be sending out letters to those who stayed at the Rosewood…
Savanna police report numerous debit and credit card fraud reports
Now what? Is this another big merchant breach or one we already knew about? Thomas Geyer reports: Police in Savanna, Ill., have received numerous reports of debit and credit card fraud from residents and called in the U.S. Secret Service for assistance. Savanna Police Chief Michael Moon said all of the banks and credit unions…
Indian card processor in $45 million heist is ElectraCard Services – Reuter sources
Dinesh Nair and Jessica Dye of Reuters report that one of the card processors whose security was breached in a $45 million global cyber heist was India’s ElectraCard Services. No one has confirmed that officially, however, as the sources spoke on condition of anonymity. You can read the Reuter’s exclusive coverage here.
Internet Installer Sentenced for Hijacking Customer’s Internet to Perpetrate Identity Theft Tax Scheme
Corey Thompson was sentenced yesterday to serve 30 months in prison for his involvement in a stolen identity tax refund fraud conspiracy, the Justice Department and the Internal Revenue Service (IRS) announced. In July 2012, Thompson pleaded guilty to one count of conspiracy to file false claims and to one count of aggravated identity theft….