Computer Crime Research Center

Massive credit card heist suspected
(by Bob Sullivan )

A Los Angeles-based Internet company said that 140,000 fake credit card charges, worth $5.07 each, were processed through its transaction system Thursday, in a computer scam that may have affected as many as 25 companies. The apparent fraud suggests that a computer criminal may have obtained a sizable list of stolen credit card numbers and was testing them for validity, credit card fraud expert Dan Clements said.


Source: www.msnbc.com

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