Thursday, February 3, 2011

US indicts 27 in Apple product credit-card fraud ring

by Jeremy Kirk, IDG News Service
New York prosecutors indicted 27 people on Wednesday as part of a crime ring that bought Apple iPods, iPads and other products with stolen credit card information for resale in the criminal underground.

In raids conducted Feb. 1, agents seized $ 300,000 in cash, three firearms and ammunition as well as equipment to make fake credit cards from the gang, which split into two operations running from June 2008 through the end of last year, according to a

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