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The French police have apprehended a Russian carder reputed to be among the largest sources of stolen credit card dumps for extradition to face charges in the US.
I applaud the transnational cooperation to nail those who trade in your credit data to defraud merchants (especially online) everywhere. This is a key link in the chain that creates card not present (CNP) fraud.
We know that biting off the head of the serpent will ultimately create a number of smaller snakes who go elsewhere to perpetrate their crimes, but today we can celebrate that one has been caught, and is likely to do some big time.
If you have any doubts about how reprehensible these guys are, consider that Vladislav Anatolievich Horohin, aka BadB, even made an advertising video to promote his services -- see it above or at Wired magazine's site.
Alleged Carder ‘BadB’ Busted in France
Alleged International Credit Card Trafficker Arrested in France on U.S. Charges Related to Sale of Stolen Card Data