US law enforcement have arrested 24 suspected hackers in a sting operation spanning four continents that targeted online financial fraud of stolen credit card and bank information.
The two-year investigation, in which FBI agents posed as hackers on internet forums, prevented more than $205 million in losses on over 411,000 compromised consumer credit and debit cards, US authorities in New York said.
Eleven people were arrested in the United States and thirteen others were arrested in countries spanning from Britain to Japan.
"Clever computer criminals operating behind the supposed veil of the internet are still subject to the long arm of the law," said Manhattan attorney Preet Bharara.
Two people were arrested in the New York area and were expected to appear in Manhattan federal court later on Tuesday.
One of the men, Mir Islam, known online as "JoshTheGod," was charged with trafficking in 50,000 stolen credit card numbers. Authorities said Islam had admitted to helping emerging hacker outfit UgNazi, which said it had launched a cyber attack against the microblogging platform Twitter last week. A lawyer for Islam did not immediately respond to a request for comment on the charges.
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