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Coordinated police raids in Germany and Sweden have resulted in the arrest of two individuals suspected of running a cyber fraud gang that used stolen payment card data to book hundreds of airline and train tickets to help smuggle people from the Middle East into Europe.
The EU's law enforcement intelligence agency Europol, which helped coordinate the raids, says they were launched after a private sector tip-off. Europol's European Cybercrime Center subsequently helped police identify suspects, leading to the arrest of two individuals in Malmö and Nörrköping on Monday by Swedish Police.
Europol says the investigation was conducted with support from the EU's Border and Coast Guard Agency, known as Frontex. The crime group had been tracked by the Federal Police of Germany, known as the Bundespolizei. Last October, German police launched Operation Goldring, which led investigators to the crime group "composed of Syrian nationals, which was involved in fraudulently purchasing airline and train tickets," Europol says.
German police conducted house searches in Aachen, Dortmund and Essen, while Swedish police conducted house searches in Nörrköping, Malmö and Helsingborg. Authorities say they collectively recovered $118,000 worth of cash, in euros and U.S. dollars, during the raids.
"In most cases, the tickets were one-way tickets from Beirut to European member states," Europol says. "The tech-savvy smugglers avoided detection by making the bookings using compromised corporate credit cards and credentials purchased online from other criminals offering them for sale."
Stolen payment cards remain easy to procure and relatively inexpensive, security experts say (see Why Cybercrime Remains Impossible to Eradicate).
A review of cybercrime-as-a-service offerings published earlier this year by security firm Flashpoint said that payment card data, fake identity documents and access to bank accounts remain easily available and apparently popular products.
Many underground shops, for example, sell stolen payment card data - aka "dumps" - that are "often sourced directly from malware-infected or skimmed point-of-sale terminals," according to Flashpoint. This information can be illicitly converted into cash using money mules and money-transfer services, or used to help mask fraudulent activity online.
Flashpoint said some underground forums also sell illicit passports - and other types of identity documents - in three forms: digital scans, templates and physical versions. Such documents can be useful for money-laundering schemes, she said. But it's unclear if the fake, physical documents would stand up to border agents' scrutiny.
Meanwhile, police continue attempts to crack down on criminals who buy and provide cybercrime-as-a-service offerings. Some of these law enforcement efforts are also sector-specific.
In the case of the Operation Goldring investigation, for example, last week's arrests represent a continuation of Europol's Global Airport Action Day, a public-private partnership that brings together the airline industry, payment card companies and law enforcement agencies to target airline fraud (see Airport Raids Target Fraudsters).
"As part of this operation, Europol and Frontex have jointly identified significant crossovers between payment card fraud and irregular migration and trafficking in human beings, leading to a number of arrests in recent years," Europol says. "The fraudulent bookings were brought to the attention of law enforcement by the private sector, highlighting once again how instrumental public-private partnerships are in fighting this type of fraud."
This week in Las Vegas more than 4,500 attendees gathered for the second annual Money2020 conference. Companies across the payments value chain took the opportunity to showcase their latest partnerships, technology or programs with a deluge of announcements charting the future of money. We’ve compiled the top 30 to help you keep track of the week’s news.
“This is a perfect year for a Valentine’s Day cruise,” said Steve Faber, a CruiseOne franchise owner in San Rafael, California. “This year Valentine’s Day falls on a Sunday, making a weekend Valentine’s Day cruise a possibility, a getaway that requires missing only hours, not days of work.”
Many cruise lines offer short cruises — 3- or 4-day voyages — as compared to a more traditional 7-day itinerary.
No need to wonder whether something is going to be the right size or color, cruises will be a choice of convenience compared with other gifts, says Elfie Couey, certified travel counselor with Global Connections Travel in Overland Park, Kansas.
There are plenty of opportunities onboard to share experiences and time with a partner or companion.
“You’re saying to your loved one that you want to spend time to reconnect,” Couey says. “With a cruise, you’re really together, sailing out in the open seas, sharing experiences that will help you get to know each other all over again.”
Even better, a Valentine’s Day cruise is an easy vacation to organize. “Since the vacation is all inclusive, everything is taken care of onboard. You’ll find romantic things to do at every turn, such as elegant dining, Broadway shows, and lavish pools and spas to enjoy together,” Couey says.
Special moments onboard will foster a romantic connection for couples. There are sweet opportunities for love and romance, Faber says. “A daily chocolate fix: Princess Cruises offers a different chocolate indulgence from chocolatier Norman Love, and many Norwegian Cruise Line ships feature treats from Carlo’s Bake Shop, made famous in the reality show, ‘Cake Boss.'”
Faber suggests a date of dinner and dancing, a day of lounging on a tropical beach or enjoying a veranda as experiences that will enhance a couple’s time together.
“Try dinner and dancing in a nostalgic supper club — a throwback to the ’40s and ’50s. Throw a day away lounging on a tropical beach or toast the sunset on your own private balcony,” Faber says.
Take a midnight stroll on deck, relax in an adults-only area of the ship, enjoy a couple’s massage or have breakfast in bed, says Vance Gulliksen, spokesman for Carnival Cruise Line in Miami.
Also, a romantic dinner onboard is ideal for Valentine’s Day. For example, you can reserve a table for 2 at a steakhouse on Carnival Cruise Line ships.
“It’s a great opportunity for couples to relax and reconnect as they enjoy a vast array of on-board facilities and features,” Gulliksen says.
During the holiday break, having kids in tow doesn’t have to spoil adult time. With safe children’s programming on board cruise lines, parents can plan for a romantic Valentine’s date without worry.
“Parents are often surprised by how much quality time they’re able to spend together onboard a Disney cruise,” says Jennifer Haile Tinn, manager of marketing strategy at Disney Cruise Line in Orlando, Florida.
“While kids are having the time of their lives in the youth areas, parents can steal away for a romantic date night at our upscale restaurants, relax at the spa, soak up the sun at the adults-only pool and escape to the exclusive adult beach on our private island,” Haile Tinn says. “Knowing their kids are happy and cared for makes a Disney cruise an equally fun and romantic getaway for parents.”