11 Arrested, 1 Indicted in $200M Credit-Card Theft Ring

Law360, San Francisco (June 5, 2013, 7:53 PM EDT) -- One of the leaders of an international personal data theft ring was charged in New Jersey Wednesday and 10 others have been arrested for their alleged roles in a $200 million scheme to steal information on more than 1 million credit cards and sell it on the Internet.

Duy Hai Truong, 23, of Ho Chi Minh City, Vietnam, was charged in New Jersey federal court with conspiracy to commit bank fraud, the Department of Justice said. Starting in 2007, Truong and others allegedly gathered the data,...
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