Sunday, June 24, 2007

HOWTO launder dodgy credit cards

Perhaps that should be in Every Boy's Handbook?

RSA reports on an online shop set up specifically to drain stolen credit cards. A card costs between $2-5 a throw, presumably reflecting a low success rate in sucking them dry. Setting up a merchant account and DIYing, as most of Landslide's customers did, is clearly the way to go.

1 comment:

CreditGuru said...

Gosh! This is amazing! I would love to see the site (not that I'm goinng to buy a few stolen credit cards). So theoretically if I lose a crdit card I have chances of buying it back?:)

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