Following a two year undercover operation in conjunction with a number of other international law enforcement agencies, this week the FBI nabbed 56 Cyber Criminals and prevented an estimated $70 million in frauds.
Reports in Computer weekly state that the Uk’s Serious Organised Crime unit worked closely with the FBI Cyber Crimes Division and that arrests were made in London, Manchester, Leicester, Humberside and South Yorkshire.
The operation revolved around online ‘carder’ forum, Darkmarket.ws, where members buy and sell stolen credit card data, login credentials, other financial information and devices used to carry out certain financial crimes.
Darkmarket.ws was shuttered on 4th October 08, Master Splyntr blamed this on the site drawing too much attention after fellow administrator known as Cha0, aggresivetly marketed a high quality card skimmer on the site.
The site was registered in June 2006 and believed to have had 2,500 members, attracting 563,299 hits last month, Most members believing the site to be ran out of Eastern Europe, but it was almost exposed in 2006 when uber-hacker Max Ray Butler cracked the site’s server and announced to the underground that he’d caught Master Splynter logging in from the NCFTA’s office
In an FBI press release Cyber Division Assistant Director Shawn Henry states that ‘in a world of rapidly expanding technology, cyber crimes can be perpetrated instantly from anywhere in the world’ and explains the importance of being flexible and creative in their approach to this sort crime that taking them to online forums more and more frequently.
While the operation would appear to be a huge success, there has been some criticism from victims of these crimes, suggesting that the FBI actually set up and ran the site as a honey trap. German public radio went as far as to suggested that Master Splyntr the man believed to be behind the site was actually an FBI agent and that a Darkmarket server was located in an FBI building in Pittssburgh.
Researching this subject did beg the questions, how do you pay when your buying a stolen identities online from a bunch of cyber criminals? And what does a cyber criminal actually look like, are we talking an Arthur daily style character in a sheep skin jacket and sovereign rings, a Gordon Gecko in a sharp business suit or a pimply teenaged geek like the kid in war games?