The eight people are said to have stolen $392,000 in 446 withdrawls using the faked cards at ATMs in Madrid in February. The Spanish authorities seized around $34,470(€25,000), jewelry, 1000 new cards and computers.
In February, the criminals managed to steal more than $45 million from a number of countries in just a few hours.
An individual said to be the leader of the network was arrested in Germany. He is allegedly the one who hacked into the Credit card processing companies' database server and disabled security features such as the withdrawal limits.
Eight People were arrested and charged in New York in May and Six further people were arrested in New York last month.
