UK: Hole in banking system allowed ‘shocking’ scam
The UK Press Association reports:
A judge condemned a “shocking hole” in the banking system as he jailed two London fraudsters who profited from an internet scam thought to involve 180,000 British credit cards.
Gboyega Akinbola, 36, and Oyetunde Oyedeji, 31, went on a lavish spending spree worth an estimated £60,000 after ordering more than 1,100 credit card details from hackers by email.[…]
After purchasing stolen details from hackers, the two Nigerian immigrants used them to splash out online at high street stores including Next, Staples, Comet and Fortnum and Mason, the court heard.
The pair, who registered as students after arriving in the UK, were caught only after Moss Hills, the owner of an online music store in Guildford, conducted his own investigation after receiving a suspicious order in June last year.
Read more on the West Sussex County Times.