Scams

Scams

by Mike Masnick




Porn Scammer Gets 11 Years In Jail

from the what-about-the-bank? dept

A scammer who signed up nearly a million credit card owners for his $20/month internet porn site (despite many of them never visiting or even knowing about the site) has been sentenced to 11 years in jail. The police are still trying to track down what happened to the nearly $40 million he got out of the scam in order to give it back to the victims (many of who will only get a portion of what they lost back). The article, though, indicates that he got the credit card info from a bank who sold him their database of credit card transactions for all of their merchant accounts for $5,000. Obviously the guy deserves to go to jail, but I want to know what happened to the bank (and its employees) that coughed up all these credit card details for the scammer.

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