The boss of an international credit card gang of fraudsters has been arrested in Spain.The boss was based in Madrid but other arrests have been made in Bilboa and Barcelona.The Spanish National Police have been working in conjunction with the American Secret Service to uncover this gang who are believed to have carried out more than 300 fraudulent transactions and coordinated some complex computer hacking operations all over the world.
More than 100 police were involved in the project which started in February after a number of fraudulent transactions were detected in Madrid.A total of 14 credit card “skimmers” have been arrested in Spain.The use of fake cards has been detected as far away as China,Singapore and Malaysia.
It is only through this type of international cooperation that such scams will be broken.This type of crime is becoming more and more common and more resorces of high quality has to be put into policing the internet.
