Friday Video: Credit Card Scammers: Street Gangs on the Dark Web
Credit card fraud has been on the rise for about a decade. In 2016 alone, losses topped $24 billion worldwide, half of which affected cardholders in the US. With a virtually unlimited amount of money to be made scamming, some tech-savvy criminals have turned ripping off credit card numbers into a full-time gig.
VICE met up with a scammer in Brooklyn for an inside look at the shady underground profession. He walked us through the process, showing us how he buys stolen accounts on the dark web, prints pilfered numbers on blank cards, and buys thousands of dollars worth of goods with stolen money. He also explained why he got into the game in the first place—and what it would take for him to get out.Tags: #fridayvideo