hi all Anyone has idea regarding techniques used for micro hacking of credit cards. In which a very small amount is deducted from card holder A/C?
Here is an idea: If you commit mass small charges CC fraud, you can go to prison. http://www.faughnan.com/ccfraud.html http://www.nbc4.tv/entertainment/3287329/detail.html http://www.usatoday.com/money/companies/regulation/2005-07-05-ftc-fraud_x.htm http://www.signonsandiego.com/news/state/20040510-1733-ca-pornfraud.html "Man sentenced in L.A. for huge online credit card pornography fraud ASSOCIATED PRESS 5:33 p.m. May 10, 2004 LOS ANGELES – A man who bilked $37.5 million out of about 900,000 credit card owners by signing them up for pornographic Web sites was sentenced Monday to more than 11 years in federal prison. Advertisement Kenneth H. Taves, 52, of Malibu, was also ordered to pay full restitution for the scheme that prosecutors call the largest Internet fraud in history to result in a conviction. Victims will receive at least some money back through credits to their accounts, said Assistant U.S. Attorney Brent Whittlesey. "It's unlikely that they'll get full restitution, but they will get substantial recovery," he said. A court receiver has already recovered about $12.8 million and is attempting to get $8.1 million more from banks in the South Pacific island of Vanuatu. Authorities haven't located the rest of the money, at least some of which has been spent, Whittlesey said. Taves, who pleaded guilty to the fraud charges in 2001, was sentenced by U.S. District Judge J. Spencer Letts to 135 months in federal prison. He will get some credit for time served, Whittlesey said. "The government believes the sentence was appropriate given the massive nature of the fraud scheme perpetrated by Mr. Taves," he said. Taves ran a business called NetFill that provided access to X-rated Internet sites for $19.95 per month. In 1997 and 1998, he charged that fee to about 900,000 credit cards of people who had never used the service, prosecutors said. For $5,000, a Southern California bank sold him access to a database of credit card transactions involving merchants who had accounts at the bank. The delay between Taves' guilty plea and sentencing was due to efforts to determine the full amount lost in the case and because Taves switched attorneys several times, said U.S. attorney's spokesman Thom Mrozek. Taves' current defense attorney, Larry Bakman, did not immediately return a call seeking comment on Monday. "
