Four men indicted in $75 million card fraud case

Four members of a Florida-based criminal gang have been arrested in connection with more than $75 million in credit card fraud losses.

According to the FBI, which worked with US Secret Service peeps in arresting the four, more than 200,000 credit card account numbers, a couple of trucks and about $10,000 in cash were discovered when the men were arrested.

The FBI claims that the gang had sent large sums of money using the E-gold online money system to cybercriminals in Eastern Europe, in return for tens of thousands of stolen card details.

According to William Sims, a Secret Service agent in Miami, the case demonstrates the potential for online criminals to inflict significant damage on a global scale.

The arrests and the resulting indictments should also show law enforcement officials' determination to prosecute such crimes, he added...