The leader of an international credit card theft ring has been brought to federal charges in New Jersey.
Three men involved in the $200 million fraud were arrested in London, while another eight have been arrested in Vietnam.
An FBI statement said that since 2007, Duy Hai Truong of Ho Chi Minh City, Vietnam stole personal information from more than 1.1 million credit cards around the world and resold it. Truong is being charged with conspiracy to commit bank fraud.
According to Computerworld, the information was obtained through hacking of commercial entities, the United Kingdom’s Serious Organized Crime Agency said. In New Jersey District Court, the FBI said the stolen data was accessible through fraud websites www.mattfeuter.biz or www.mattfeuter.com, or by e-mailing the hackers involved.
The FBI statement said the conspirators sold the information on an individual victim basis, calling each deal a “dump.” Fees for each dump ranged from about $1 to $300, and were paid through wire services.