The Serious Organised Crime Agency (SOCA) in collaboration with the FBI and US Department of Justice, has seized a number of 36 website domains used to sell stolen credit card details.
The seized websites use advanced e-commerce Automated Vending Carts (AVC) platforms to allow them to sell large numbers of credit card and bank details.
SOCA representatives estimate that they have prevented fraud that might have cost individuals and companies more than £500million ($805 million or 610 million EUR).
Visitors to the websites are now greeted by a message from the authorities.
“This operation is an excellent example of the level of international cooperation being focused on tackling online fraud,” said Lee Miles, Head of Cyber Operations for SOCA.
“Our activities have saved business, online retailers and financial institutions potential fraud losses estimated at more than half a billion pounds, and at the same time protected thousands of individuals from the distress caused by being a victim of fraud or identity crime.”
The seized websites use advanced e-commerce Automated Vending Carts (AVC) platforms to allow them to sell large numbers of credit card and bank details.
SOCA representatives estimate that they have prevented fraud that might have cost individuals and companies more than £500million ($805 million or 610 million EUR).
Visitors to the websites are now greeted by a message from the authorities.
“This operation is an excellent example of the level of international cooperation being focused on tackling online fraud,” said Lee Miles, Head of Cyber Operations for SOCA.
“Our activities have saved business, online retailers and financial institutions potential fraud losses estimated at more than half a billion pounds, and at the same time protected thousands of individuals from the distress caused by being a victim of fraud or identity crime.”
