How do make money from stolen credit card numbers?

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How do make money from stolen credit card numbers?

Postby Antony » Tue 21 Dec, 2010 2:56 am

Well, if you use the stolen credit card numbers to buy goods, chances are you will get caught. And with stolen credit card numbers, it is virtually impossible to get the cash out of it.

A new way of getting "paid" from is, well quite interesting.

You form a band (not gang) (in this case, Lamar Johnson is part of 12-member "band"), and record your own music and publish to online music stores like iTunes Store and Amazon.com. Then, your group use those credit cards to buy your own music... you get the royalties.

The full story Man admits role in iTunes and Amazon fraud (BBC News 15 Dec 2010)

Oh, Johnson is currently serving a five-year jail for an unrelated crime.
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Re: How do make money from stolen credit card numbers?

Postby James » Tue 21 Dec, 2010 11:02 am

It's hard to understand why these low lifes can't or won't use their native intelligence for good instead of trying to rip others off. They deserve the stiffest penalties the law can give.
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