Feeds

Online bank fraudsters jailed for eight years

Credit card application scam

  • alert
  • submit to reddit

SANS - Survey on application security programs

A five-strong Net fraud gang has been sentenced to a total of just under eight and half years for a conspiring to defraud online banks.

The four men and one woman made bogus multiple credit card applications with Egg, Cahoot, Smile, Marbles, MBNA, and SonyCard.

The gang, hailing from Buckinghamshire and Northamptonshire, were arrested by officers from the National Crime Squad in August 2000 after a six month operation. The investigation went under the codename Skoda, which makes you suspect the police didn't expect a speedy resolution to the case.

Detective Inspector Michael Ryan of the National Crime Squad commented after sentencing that "to facilitate their crimes the perpetrators used a combination of old methods with the new advantages the Internet has to offer. Valuable lessons have been learnt which have led to sophisticated measures being put into place to prevent any reoccurrence."

A police spokeswoman said the team thought they were making their claims anonymously, using false information, because the credit card applications were being made online rather than through traditional methods.

The National Crime Squad didn't use outside civilian computer expects to investigate and prove their case. The officer who provided all the technical knowledge to crack the case has now joined National Hi-Tech Crime Unit which formed six months ago. This division will investigate crimes of this nature from now on. ®

The people sentenced are:

  • Jonathan Ellis, aged 28 of Honeypot Close, Milton Keynes was found guilty and was sentenced to 12 months
  • Christian Palmer, aged 28 of Thrupp Close, Castlethorpe, Milton Keynes was found guilty and was sentenced to 2 years
  • Lisa Ramsey, aged 23, of Clarence Road, Stony Stratford, Bucks; was found guilty and was sentenced to 15months
  • William Ross, aged 37 of High Street, Blisworth, Northamptonshire, had pleaded guilty at an earlier hearing. He was sentenced to 30 months
  • Richard Henderson, aged 25 of Newport Road, New Bradwell, Milton Keynes had pleaded guilty at an earlier hearing and was sentenced to 60 hrs community service

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.