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Feds nail blank credit card vendors with $34 million fraud charges

24
Jan
2014

Today, federal prosecutors announced charges against three men accused of running the website FakePlastic.net, selling blank credit cards and holographic overlays as the raw materials for credit card fraud. US Attorney Paul J. Fishman described the site as a crucial link in the economy of identity theft, saying, This made-to-measure service provided the last link in the chain necessary for criminals to make money from stolen credit card numbers and identities. All told, US attorneys estimate the site was responsible $34.5 million worth of fraud since the business launched in April of 2011, filling nearly 70,000 credit card orders and shipping more than 3,600 parcels through the US mail.

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