Feeds

UK cybercops cuff big phish

Man suspected of credit card scam and stashing online crime cash

Intelligent flash storage arrays

UK police arrested a suspected counterfeit credit card manufacturer in east London on Monday.

Investigators reckon the 34-year-old man organised money "mules" to open drop accounts that received the proceeds of online crime, such as phishing. Police from the Scotland Yard-based Police Central e-crime Unit (PCeU) also found equipment capable of manufacturing payment cards and blank mag strip cards when they raided the suspect's house in East Ham.

Detective Inspector Paul Hoare of the PCeU said: "Money mules are one of the key enablers for all types of fiscal fraud and internet-based crime in particular.

"This arrest reinforces our commitment to combating suspected money 'muling' in both London and across the UK. Individuals tempted by advertised job opportunities moving money using their bank accounts should not get involved as they could be taking part in wider organised money laundering crime," he added.

The arrest (police statement here) coincided with the start of National Identity Fraud Prevention Week, which aims to educate consumers on the steps they can take to minimise their risk of suffering the inconvenience of becoming a victim of identity theft. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Knock Knock tool makes a joke of Mac AV
Yes, we know Macs 'don't get viruses', but when they do this code'll spot 'em
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Why weasel words might not work for Whisper
CEO suspends editor but privacy questions remain
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
BlackEnergy crimeware coursing through US control systems
US CERT says three flavours of control kit are under attack
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.