Credit card thieves are laundering money by purchasing the in-game currency V-Bucks, then selling it back at a discount to players.
Tag Archives: Credit Card Theft
Automated money-laundering scheme found in free-to-play games
The scammers automatically created iOS accounts with valid email accounts, then automatically used stolen cards to buy and resell stuff.
Tax fraudster who hacked accounting firms pleads guilty in US court
A Bulgarian hacker has pleaded guilty to involvement in a conspiracy to use data stolen from several accounting firms for tax fraud. Should the IRS do more to protect taxpayers? 
Ex-NBA All Star Chris Gatling accused of being ID theft kingpin
Talk about a slam dunk: they arrested him while he was meeting with his probation officer.
25 members of $15 million carding gang arrested in Romania
Romanian authorities have announced the arrests of 25 people in connection with a well-organised operation using cloned bank cards to withdraw cash from ATMs. 
Carder.su fraudster jailed for 9 years and ordered to pay $50.8m
Cameron Harrison, a 28-year-old from the US State of Georgia, has been sentenced to 115 months in jail for buying stolen debit and credit cards from the now defunct Carder.su underground marketplace.
Bad passwords on PoS terminals leads to card stealing Backoff malware
More point of sale malware has been making the news, designed to steal credit card information as usual. This time the crooks are distributing the malware through remote control applications like Microsoft’s RDP. No exploits, no social engineering, just good old fashioned password guessing.