International Credit Card Fraudsters Arrested in Russia

HostExploit reports:

The Office of the Interior Ministry to the Russian Federation has reported on the arrest of an international criminal group using fake credit cards to steal more than $1.96 million (20 million rubles) from Russian and foreign banks.

Following investigations carried out by Department ‘K’ of Internal Affairs more than 50 members of the gang found to be using counterfeit cards to steal millions were arrested. Their targets included over 17 credit organizations in Russia alone between January and June 2010.

During a search of premises a Ukrainian national was arrested who allegedly confessed to being the ringleader of the organized criminal group.

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