Serious Organised Crime Agency kill credit card fraud sites

27 April 2012

credit cardsThe Serious Organised Crime Agency, or SOCA from now on to save us from typing all that out, have arrested two men and shut down 36 websites which were used to sell compromised credit and debit card data.

Working with the FBI and US Department of Justice, the police managed to arrest the men who are suspected of making huge purchases of data about cards from the sites. The sites specialised in flogging stolen payment cards and online bank account details.

SOCA say that these nefarious goons used e-commerce type platforms known as Automated Vending Carts which allowed criminals sell large quantities of stolen data. People trying to access these sites are now directed to a screen which tells them that the web domain has been seized by law enforcement.

As well as these arrests, the UK's Dedicated Cheque & Plastic Crime Unit (DCPCU) seized computers which were most likely used to facilitate offences under the Fraud Act. As such, an AVC operator based in Macedonia has been arrested by the Macedonian Ministry of Interior Cyber Crime Unit (which sounds tremendously authoritarian). And this is a huge worldwide operation. SOCA has been working with the FBI, the BKA in Germany, the KLPD in the Netherlands, the Ukraine Ministry of Internal Affairs, the Australian Federal Police and the Romanian National Police, and to date, has recovered over 2.5m items of compromised personal and financial information in just 2 years.

It is thought that the prevention of this fraud has stopped in excess of £500m being swiped, although, there's no telling how anyone comes up with a figure like that. Sounds impressive though.

Lee Miles, the head of cyber operations for SOCA said: "This operation is an excellent example of the level of international cooperation being focused on tackling online fraud. Our activities have saved business, online retailers and financial institutions potential fraud losses estimated at more than half a billion pounds, and at the same time protected thousands of individuals from the distress caused by being a victim of fraud or identity crime."


  • Marky M.
    Is there a Frivolous Organised Crime Agency?
  • FOCA
    Yes. We investigate flash mobs. Fucking wankers.
  • Mike H.
    Ahh yes, becasue that will stop them and their naughty ways, won't it? Oh right, it won't OK.

What do you think?

Your comment