UK and US police smash $200m credit card fraud ring

Eleven people in the US, the UK and Vietnam have been arrested and accused of running a $200m (€153m) worldwide credit card fraud ring, US and UK law enforcement officials said last night.

“One of the world’s major facilitation networks for online card fraud has been dismantled by this operation, and those engaged in this type of crime should know that they are neither anonymous, nor beyond the reach of law enforcement agencies,” Andy Archibald, interim deputy director of the National Cyber Crime Unit, said in a statement on the British government’s Serious Organised Crime Agency website.

The arrests were coordinated by the three countries, the statement said.