5 More Indicted in Probe of International Carding Ring

Threat Level; Wired Magazine: Five eastern European men were indicted in New York on Monday as part of an international ring allegedly responsible for at least $4 million in credit card theft.

The ring, which authorities dubbed the Western Express Cybercrime Group, operated between 2001 and 2007 and trafficked in at least 95,000 known stolen credit card numbers, including some belonging to victims in New York, where the case is being prosecuted by the Manhattan District Attorney’s office.

The ring allegedly operated an online carding forum called the International Association for the Advancement of Criminal Activity, where thieves trafficked in stolen credit card numbers and other information. The defendants also allegedly forged credit cards using stolen numbers, and turned them into cash with the unwitting help of eBay users.

http://www.wired.com/threatlevel/2009/09/westernexpress/