Online Theft

California Man Gets 6 Years for Laundering

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]

53 Charged in New Jersey ID Theft Case

Fifty-three individuals were charged today in connection with
widespread, sophisticated identity theft and fraud, including 43
individuals charged with participating in one large-scale criminal
enterprise, United States Attorney Paul J. Fishman and FBI Special Agent
in Charge Michael B. Ward announced. Read the full statement. [FBI Newark]

Federal prosecutors say they have have extradited one of the leaders of
an international crime ring accused of hacking in to bank card processor
RBS WorldPay and stealing more than $9.4m in a 12-hour period. Read the full article. [The Register]

A researcher has uncovered a sophisticated check counterfeiting ring
that uses compromised computers to steal and print millions of dollars
worth of bogus invoices and then recruit money mules to cash them. Read the full article. [The Register]

Organized cyber thieves stole more than $100,000 from a small credit
union who serves U.S. Treasury employees in Salt Lake City last week, in a brazen online robbery that
involved dozens of co-conspirators. Read the full article. [KrebsonSecurity]

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