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U.S. charges 24 people in massive hacking sting ..U.S. charges 24 people in massive hacking sting
By Basil Katz | Reuters 16 mins ago....Email
Share10Print......NEW YORK (Reuters) - U.S. law enforcement officials on Tuesday said 24 suspected hackers had been arrested in a sting operation spanning four continents that targeted online financial fraud of stolen credit card and bank information.
The two-year investigation, in which FBI agents posed as hackers on Internet forums, prevented more than $205 million in losses on over 411,000 compromised consumer credit and debit cards, U.S. authorities in New York said.
Eleven people were arrested in the United States, the Federal Bureau of Investigation and the Manhattan U.S. Attorney's office said. The thirteen others were arrested in countries spanning from Britain to Japan, the authorities said.
"Clever computer criminals operating behind the supposed veil of the Internet are still subject to the long arm of the law," Manhattan U.S. Attorney Preet Bharara said.
Two people were arrested in the New York area, the authorities said, and were expected to appear in Manhattan federal court later on Tuesday. A person familiar with the matter said earlier on Tuesday that three people have been arrested in the New York area.
One of the men, Mir Islam, known online as "JoshTheGod," was charged with trafficking in 50,000 stolen credit card numbers. Authorities said Islam had admitted to helping emerging hacker outfit UgNazi, which said it had launched a cyber attack against the microblogging platform Twitter last week.
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