17 November 2017
visit www.aciworldwide.com

Shadowcrew six plead guilty in underground card crime bust

18 November 2005  |  6001 views  |  0 Eye with numbers_2

Six members of an underground Web site that trafficked in stolen credit card data have pleaded guilty to charges of conspiracy.

The online 'shadowcrew' marketplace operated by the defendants was taken down in October 2004 by the US Secret Service, closing an illicit business that trafficked in at least 1.5 million stolen credit and bank card numbers that resulted in losses in excess of $4 million.

The six defendants are among 21 US citizens charged by the Secret Service following the bust last year. To date, twelve have pleaded guilty. A further seven individuals were arrested in foreign countries.

Of yesterday's pleas, 23-year old Andrew Mantovani of Scottsdale, Arizona, also pleaded guilty to a second charge of illegal ID transfer after admitting to obtaining approximately 18 million e-mail accounts with associated addresses and birth dates.

Mantovani was a co-founder of the group, which used phishing and spamming to illegally obtain credit and bank card information for use in making purchses online. Some of the merchandise obtained in this way was then sold on through E-Bay.

Both the conspiracy and unlawful transfer counts carry maximum prison sentences of five years and a maximum fine of $250,000.

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

EBay phishing fraudster jailed

EBay phishing fraudster jailed

02 November 2005  |  5126 views  |  0 comments
Massive ID theft ring hits 50 banks

Massive ID theft ring hits 50 banks

09 August 2005  |  8106 views  |  0 comments
Hi-tech fraudsters gaoled for cashing in on phishing

Hi-tech fraudsters gaoled for cashing in on phishing

27 June 2005  |  6171 views  |  0 comments
Nearly half of US adults have been phished

Nearly half of US adults have been phished

17 May 2005  |  10202 views  |  0 comments
Secret Service busts cyber criminal gang

Secret Service busts cyber criminal gang

01 November 2004  |  4835 views  |  0 comments
Secret Service warns banks to beware the enemy within

Secret Service warns banks to beware the enemy within

26 August 2004  |  4875 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.ncr.comvisit https://www.niceactimize.com

Top topics

Most viewed Most shared
Singapore central bank open sources blockchain prototypesSingapore central bank open sources blockc...
11239 views comments | 15 tweets | 28 linkedin
Digital receipt startup Flux scores game-changing deal with BarclaysDigital receipt startup Flux scores game-c...
9508 views comments | 20 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
8256 views comments | 11 tweets | 35 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
7252 views comments | 26 tweets | 37 linkedin
Visa bids to bring contactless transit payments to the worldVisa bids to bring contactless transit pay...
7131 views comments | 16 tweets | 29 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job