18 Arrested in €300 Million Global Credit Card Fraud Scheme

18 Arrested in €300 Million Global Credit Card Fraud Scheme

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A coordinated international operation led to the arrest of 18 individuals involved in a credit card fraud scheme that defrauded approximately 4.3 million cardholders across 193 countries, totaling €300 million (~$346 million). The suspects operated fake online subscription services for dating, pornography, and streaming sites, with five executives from four German payment service providers among those detained.