A UK teenager has been sentenced to five years in prison for running an online cybercrime forum providing tips and the tools to online fraudsters.
The Ghostmarket.net forum, which was managed by Nick Webber, had more than 8,000 members and facilitated serious cyber crimes like selling stolen credit card information and personal details.
Webber, who was arrested back in 2009, pleaded guilty of fraud. The police found credit card details belonging to thousands of victims. According to The Register, Webber was caught when he tried to use a stolen credit card to pay for a stay in a hotel.
The website's members reportedly stole between £12 million and £20 million from individuals and banks while it was in operation, the courts have heard. Prosecutors have described the website as a 'supermarket' for cyber criminals that acted as a trading point for stolen goods.
While passing his sentence to the court, Judge John Price said, “This was a criminal enterprise offering sophisticated advice on how to hack into computers, cause them to malfunction and retrieve personal information from computers - and how to do it on massive scale.”
Apart from Webber, who pleaded guilty to conspiracy to commit fraud among other charges, Gary Kelly, of Manchester, was also sentenced to five years in prison in connection with the case.