Credit card fraud has been on the rise for a few decade. In 2016 alone, losses topped $24 billion worldwide, half of which affected cardholders within the US. With a just about limitless amount of cash to be made scamming, some tech-savvy criminals have turned ripping off bank card numbers right into a full-time gig.
VICE met up with a scammer for an inside take a look at the shady underground occupation. He walked us by way of the method, displaying us how he buys stolen accounts on the darkish net, prints pilfered numbers on clean playing cards, and buys 1000’s of {dollars} value of products with stolen cash. He additionally defined why he acquired into the sport within the first place—and what it might take for him to get out.
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