30 June 2015

Dutchman faces US card fraud charges

14 June 2012  |  4313 views  |  0 anonymous figure in front of stock exchange

A Dutch citizen has appeared in a US court this week accused of building Web sites through which he sold tens of thousands of stolen credit card details obtained though hacking by his co-conspirators.

David Benjamin Schrooten, known in the hacking world as 'Fortezza', was picked up in Romania in March before being handed over to US authorities. Appearing in a Seattle court on a 14 count indictment charging him with crimes including bank fraud and aggravated ID theft, he pleaded not guilty.

Schrooten is accused of running a scam with US citizen Christopher Schroebel, who was arrested in November and pleaded guilty last month.

Schroebel hacked into the point of sale computer in a restaurant in Seattle, and a supply store in Shoreline, Washington and inserted malicious code that copied the personal information of the credit card transactions at POS terminals.

The code transmitted the information to a Kansas server controlled by Schroebel who then worked with Schrooten to build carding sites where the data was sold, say the indictments.

US Attorney Jenny A. Durkan says that in just one transaction Schrooten trafficked in as many as 44,000 stolen credit card numbers resulting in millions of dollars in losses to financial institutions.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

11 May, 2012
07 March, 2012
19 January, 2012
07 December, 2011
26 April, 2011
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Global fintech investment triples - Accent...
8342 views comments | 43 tweets | 25 linkedin
Wells Fargo to usher in voice and facial b...
5434 views comments | 19 tweets | 23 linkedin
Stockholm stakes claim as European fintech...
5024 views comments | 19 tweets | 13 linkedin
E-commerce goes mobile
4855 views comments | 22 tweets | 20 linkedin
European ACHs form Sepa joint venture
4767 views comments | 22 tweets | 13 linkedin

Featured job

to £100K base, double OTE, stock options
London, UK

Find your next job