23 May 2017
Visit www.capgemini.com/worldreports

Dutchman faces US card fraud charges

14 June 2012  |  4863 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.
KeywordsLEGAL

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

Mounties bust C$100m card fraud ring

Mounties bust C$100m card fraud ring

11 May 2012  |  9958 views  |  0 comments
UK card fraud losses fall to 11-year low

UK card fraud losses fall to 11-year low

07 March 2012  |  11265 views  |  3 comments
Card fraud reports follow supermarket check-out breach

Card fraud reports follow supermarket check-out breach

07 December 2011  |  7568 views  |  2 comments
Hacker pleads guilty over $36m card fraud

Hacker pleads guilty over $36m card fraud

26 April 2011  |  9014 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Visit www.capgemini.com/worldreportsvisit www.niceactimize.comDownload the paper now

Top topics

Most viewed Most shared
European banks lobby Commission to push ahead with screen scraping banEuropean banks lobby Commission to push ah...
8735 views comments | 29 tweets | 35 linkedin
Time for data-driven banking to come of ageTime for data-driven banking to come of ag...
8629 views comments | 28 tweets | 35 linkedin
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
8437 views comments | 27 tweets | 27 linkedin
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
8183 views comments | 22 tweets | 30 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
8132 views comments | 19 tweets | 24 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job