The U.S. Justice Department on Wednesday announced it had busted a global cyber crime ring, saying it indicted 36 people accused of trafficking in stolen identities and causing more than $530 million in losses to consumers.
The cyber crime network, operating as an online discussion forum known as “Infraud,” ran a sophisticated scheme that facilitated the purchase and sale of Social Security numbers, birthdays and passwords that had been stolen from around the world, the department said.