Major cybercrime racket busted in UK
London: A Briton of Sri Lanka origin has been convicted of masterminding and running one of the largest cybercrime rackets from an internet cafe in Wembley, west London.
Renukanth Subramaniam, 33, described as a loner, was a
former pizza bar worker and ran an international cyber
"supermarket" selling stolen credit card and account details
costing the banking industry tens of millions of pounds.
Officials of UK`s Serious Organised Crime Agency (SOCA)
estimate that his site, DarkMarket, enabled criminals to
collaborate on deals which caused losses worth tens of
millions of pounds.
So far around 60 arrests linked to DarkMarket have been
made worldwide. Subramaniam, who used the online nickname
`JiLsi`, pleaded guilty to conspiracy to defraud at
Blackfriars Crown Court.
Another DarkMarket member, John McHugh, who used the
online nickname `devilman`, pleaded guilty to the same charge.
DarkMarket provided a sophisticated, invitation-only
service for criminals to buy and sell compromised credit card
information and anything else they needed to commit financial
crime. It also offered training in fraud techniques, including
online bank account takeovers, and money laundering.
More from India
More from World
More from Sports
More from Entertaiment
- CBSE Class 10 (Class X Board) Result 2015 on cbse.nic.in, cbseresults.nic.in at 2 pm
- GUJCET Results 2015 declared on gseb.org
- Check cbseresults.nic.in, cbse.in for CBSE Class 10 X Board Result at 2 pm
- Rahul Gandhi takes another dig at NDA govt, says Manmohan gave lessons on economy to PM Modi
- Centre moves SC against Delhi HC order on LG's powers; hearing on Friday