Credit card scam
178 people worldwide are arrested
Tuesday, 15 June 2010
12 people in Ireland have been arrested in an international credit card fraud scam.
178 people in 12 countries were held as Spanish police closed in on the alleged credit card fraudsters.
Spanish police said they have broken up a vast international network, which produced fake credit cards.
Members of the gang used real credit card numbers to produce fake cards, which they then used to withdraw money from cash machines and make payments.
The network was also involved in 'theft, swindling, sexual exploitation and money-laundering'.
The network brought them 'profits of more than €20m', according to Spanish police.
76 people were held in Spain, 30 in France, 16 in Romania, 16 in Germany, 12 in Ireland, eight in the US, seven in Italy, four in Hungary, three in Finland, two in Australia, two in Sweden and two in Greece as part of the operation.
Police did not indicate the nationalities of those arrested.