Thursday, April 21, 2011

Carder Pleads Guilty to Fraud Involving $36 Million in Losses

Kim Zetter writes on Threat Level:

A hacker and carder has pleaded guilty to trafficking in more than half a million stolen card numbers that resulted in $36 million in fraud losses.


Rogelio Hackett, Jr., 26, pleaded guilty Thursday in Virginia to one count of access device fraud and one count of aggravated identity theft.


The hacker was arrested in 2009 for selling stolen bank card numbers in online criminal forums and IRC chatrooms. When authorities searched his home at the time, they found more than 675,000 stolen credit card numbers on his computers and in e-mail accounts. According to court records [.pdf], more than $36 million in fraudulent transactions have been attributed to the stolen numbers found in Hackett’s possession. Authorities don’t say how many of these transactions were committed by him or by others.



 More here.

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