Friday, February 26, 2010

Organiser of Darkmarket fraud website jailed

BBC: A man who created a website trading in stolen financial information linked to tens of millions of pounds in losses has been jailed for nearly five years. ... Renukanth Subramaniam, 33, founded Darkmarket, a "Facebook for fraudsters" where criminals could buy and sell credit card details and bank log-ins. ... The site was shut down in 2008 after an FBI agent infiltrated it, leading to more than 60 arrests worldwide.

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