A man who sold phony credit cards online was sentenced to 14 years in prison and must pay more than $3 million after pleading guilty to wire fraud and identity theft.
Tony Perez III of Hammond, Ind., bought legitimate credit card information that had been stolen and used it to make the cards, which he sold, according to the U.S. Attorney's office.
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Cards he made have been traced to at least $3 million in unauthorized credit transactions, the office says. Perez was ordered to forfeit $2.8 million and pay an additional $250,000 fine. After he does his jail time, he must serve three years of supervised release.
Using a variety of personas, Perez frequented online carding forums where criminals meet to buy and sell stolen account information. Perez bought stolen credit card information at these forums, the U.S. Attorney says.
Perez was arrested in June 2010 and pleaded guilty in April. When he was arrested, law enforcement agents found gear to make credit cards and about 21,000 stolen credit card numbers on his computers and in his email accounts, the office says.
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