Feeds

DarkMarket founder jailed for five years

Digital underground kingpin sent down

5 things you didn’t know about cloud backup

The founder of a notorious underground carding forum was jailed for four years and eight months on Friday.

Renukanth Subramaniam, 33, set up DarkMarket, an eBay for cybercrooks where fraudsters and crackers could buy and sell stolen bank log-ins, credit card details and skimmers. The scheme became unstuck in 2008 after the site was infiltrated by an FBI agent who posed as a criminal hacker and gained a senior role running the site under the alias MastrSplyntr in an undercover operation that ultimately led to 60 arrests worldwide including Subramaniam (aka JiLsi).

Prosecutor Sandip Patel described DarkMarket as a "Facebook for fraudsters", the BBC reports.

Subramaniam, a former pizza man, who ran DarkMarket from an internet cafe in north London, admitted conspiracy to defraud along with five separate mortgage fraud offences.

John McHugh, 66, of Doncaster, South Yorkshire, was also jailed on Friday at the same sentencing hearing at Blackfriars Crown Court. McHugh (aka 'Devilman') was sent down for two years after he was convicted of selling stolen credit card details on DarkMarket.

UK investigations into DarkMarket were led by the Serious Organised Crime Agency (Soca), whose explanation of the underground forum sheds light on the workings of the underground economy.

DarkMarket provided a sophisticated, invitation-only service for criminals to buy and sell compromised credit card information and anything else they needed to commit financial crime. It also offered training in fraud techniques, including online bank account takeovers, and money laundering. There was a business-like hierarchy, with an elite core in the management positions. Further down the hierarchy, reviewers would assess potential new members for suitability. At the bottom end of the ladder, new members would have to prove their criminal credentials and ability before they were accepted as full members.

Police are attempting to track down and seize Subramaniam and McHugh's illgotten gains.

Sharon Lemon, deputy director of Soca, explained: “A financial investigation is now underway into the money these men made from their crimes. It’s hard to put a figure on the sums involved now, but we believe that Subramaniam suffered a personal loss of £100,000 in one go linked to deals on a single lost memory stick.

"SOCA is determined to recover what it can from them. Things don’t end with a conviction.” ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
One HUNDRED FAMOUS LADIES exposed NUDE online
Celebrity women victimised as Apple iCloud accounts reportedly popped
Rubbish WPS config sees WiFi router keys popped in seconds
Another day, another way in to your home router
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NZ Justice Minister scalped as hacker leaks emails
Grab your popcorn: Subterfuge and slur disrupts election run up
HP: NORKS' cyber spying efforts actually a credible cyberthreat
'Sophisticated' spies, DIY tech and a TROLL ARMY – report
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.