Money Laundering



A
Long Beach, California man who helped funnel stolen cash to a global network of
hackers and carders was sentenced Thursday to 6 years in prison for
conspiracy to launder money.
 Cesar Carranza, 38, sold MSR-206’s to carders to encode stolen bank card
data onto blank cards, and he served as a conduit to transmit stolen
money between mules and carders. Read the full article. [Wired]

Subscribe to our newsletter, Threatpost Today!

Get the latest breaking news delivered daily to your inbox.