Tag Archives: credit card fraud

Police Arrest 178 in U.S.-Europe Raid on Credit Card ‘Cloning Labs’

June 15, 2010

Police have arrested 178 people in Europe and the United States suspected of cloning credit cards in an international scam worth over 20 million euro ($24.52 million), according to a report from Reuters.

The stories so far are all light on details or whether this bust was connected to specific fraud forums that facilitate the trade in stolen credit card data, but the wire reports include the following information: