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Police in Tucson arrest six in international credit fraud ring

Tucson, Arizona police recently busted a credit card fraud ring using stolen card information purchased from Russians.

Published Thu, May 15 2014 5:22 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Police in Tucson, Arizona recently arrested six people involved in an international identity theft and credit card fraud ring, with an unknown number of victims. The criminal group reportedly purchased stolen credit card information from Eastern Europeans, and then were printing their own cards to use in local retailers.

Police in Tucson arrest six in international credit fraud ring | TweakTown.com

"The scope of the problem is so huge that this is probably a drop in the bucket to what's out there, but it's a significant ring," noted Sgt. Radinsky, from the Tucson Police Department, in a statement to local media.

Credit and debit card fraud continue to be big business for criminals, and is the top security concern facing Americans, according to a study released by Unisys. Meanwhile, retailers are suffering a large variety of data theft issues due to malware and other security threats, which continue to cause problems for consumers.

NEWS SOURCE:tucsonnewsnow.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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