BRITISH ARRESTS & CONVICTIONS

Public schoolboy masterminded £12m web fraud - Telegraph

Public schoolboy masterminded £12m web fraud - Telegraph: "Nick Webber and three accomplices admitted running a website which sold stolen credit card details and offered online tutorials in a range of lucrative scams.
The 19-year-old, described as an “extremely sophisticated hacker,” was caught with details of 100,000 credit cards on his laptop and his website has been linked to international scams that plundered around £8m from 65,000 bank accounts.
Stolen account details from the US were made available to GhostMarket.Net's 8,000 customers for £2, while those from the EU were sold for £3 and British details for £4."

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