Computer Crime Research Center


Credit card info sold

Date: September 18, 2006

An Edmonton man has been charged with selling stolen credit card information on the Internet following a six-month investigation by city police and the United States Secret Service, which investigates bank fraud along with protecting the U.S. president.

The 24-year-old man was arrested and charged with one count of trafficking in credit card data following an undercover Internet sting.

City police say the potential loss in the sale of credit card information was in the hundreds of thousands of dollars.

The investigation began in February when an undercover Secret Service agent met a man on the Internet and began online conversations in a chat room where people meet, talk, sell, and exchange stolen credit card, bank card, bank account information, and other personal information from people around the world. Information on how to commit Internet fraud and other crimes is also shared, police said.

The agent was able to purchase US bank account and credit card numbers complete with passwords from the suspect, police said. The agent confirmed through United States financial institutions that the bank account numbers, credit card numbers, and the passwords would provide full access to the accounts. Money could then be transferred out of these accounts and other banking services could be done online.

The Secret Service continued its investigation and identified a suspect in Edmonton. City police detectives were contacted regarding the investigation. The suspect, who was well-known to Edmonton police, was tracked to an Edmonton residence and was arrested without incident Sept. 5.
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