FBI Arrests 24 for Card Fraud, Wrapping Up Two-Year Investigation

By  |  June 27, 2012
 | 

Two dozen fraudsters situated across the globe were arrested for credit card fraud by the U.S. Federal Bureau of Investigation this week.

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    By attracting criminals to its own shop, the FBI says it prevented more than 400,000 compromised cards from being hijacked for $205 million in damages, Finextra reports. This week’s arrests come at the culmination of a two-year investigation by the FBI, internally referred to as “Operation Card Shop.”

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