Cyber Risks · Krebs on Security

Donkey Express: Mules Take Over the Mail

Summary: A Krebs on Security post describes a black-market service at fe-ccshop.com that automates creation of USPS international shipping labels paid for with stolen credit cards, sold to reshipping scam operators at a fraction of face value. USPS Express Mail International labels for items of 20 pounds or less headed to Russia start at about $75 but sell through the service for $14, while a 25-pound label costing upwards of $150 at the Post Office goes for $19.

Why it matters: The carded-label shop is run alongside a storefront peddling more than 100,000 stolen credit and debit card numbers, and customers fund accounts through virtual currencies such as Liberty Reserve, putting a ready supply of stolen cards and cheap postage in the hands of any reshipping operator.

Read the original at Krebs on Security ↗

Topics
Fraud & Scams
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