Friday, January 24, 2014

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


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. For as little as $12 dollars, customers could buy a blank card and imprint it with the personal details of identity theft victims. 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."


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