29 Arrested In £7.5m Credit Card Fraud
The European Cyber Crime Centre (EC3) and its global partners have arrested 29 as part of an investigation into a massive credit card fraud operation, which may have caused losses of at least $12 million (£7.5m).
Crooks tampered with point of sale (PoS) systems to pilfer credit card data in shopping centres across Europe and North America, Europol’s EC3 said. Canadian, French and German police authorities made the arrests related to Operation Spyglass towards the end of last month.