The Last Watchdog

on Internet security by Byron Acohido

fraudsters

Secrecy shrouds breach of possibly a third payment cards processor
March 3, 2009

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argast_michae_cropVisa and MasterCard are being circumspect about a new round of warnings they’ve issued regarding stolen credit and debit card numbers circulating in the criminal world — data  possibly stolen from another breach of a payment card processor. This follows major data thefts from Heartland Payment Sytems and RBS WorldPay,  for which precious few details have officially been made public.

Visa has issued a statement waffling about what …More

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TJX data theft leads to money-laundering scam
June 12, 2007

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USA TODAY
June 12, 2007

By Jon Swartz and Byron Acohido, USA TODAY

Find the original copy of this article here:

JACKSONVILLE – Last fall, 19-year-old Irving Escobar crisscrossed northern and central Florida using counterfeit credit cards to buy stacks of $400 gift cards from Wal-Mart stores, cashing them in to buy TVs, PCs and jewelry from Wal-Mart subsidiary Sam’s Clubs in south Florida.

The scam was easy money: Escobar and several …More

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