Mastermind of ‘Facebook for fraudsters’ jailed

AN internet criminal who helped run a “Facebook for fraudsters” was jailed for four years and eight months in Britain yesterday.

Renukanth Subramaniam, 33, was one of the masterminds behind a website for trading stolen banking information called DarkMarket, which was linked to losses of tens of millions of pounds.

The site was a “one-stop shop” for fraudsters, offering criminals a place to trade credit card details and discuss how to carry out financial crimes, Blackfriars Crown Court heard.