International Financial Fraud Sting Nets 24 Arrests

Law360, Los Angeles (June 26, 2012, 9:04 PM EDT) -- Law enforcement agencies in the U.S. and abroad have arrested 24 people in an international sting operation targeting Internet credit card fraud and other financial crimes, the FBI said Tuesday.

Those arrested included two men from New York, nine individuals from elsewhere in the U.S. and 13 people from other countries. The arrests capped a two-year undercover investigation, dubbed Operation Card Shop, led by the FBI into Internet hackers who steal credit card, banking and other personal information, and trade it on the web.

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