UK DJ gang arrested for credit card fraud

CompareTopCards.co.uk
A 10 people UK gang, 7 men and 3 women which included a DJ, was arrested for allegedly using hundreds of stolen or cloned British and American credit cards to download £469,000 worth of their own music from iTunes and amazon.com

The gang had 19 songs legitimately uploaded to iTunes and amazon music stores via a promotions company Tunecore -a respected organisation that artists and musicians can simply pay in order to have their work added to popular online music download stores. Then for over 4 months from Sep 2008, this group downloaded £469,000 worth of their own music for which iTunes and Amazon doled out $300,000 in royalties. The sales allowed them to rise rapidly in the charts. The con was only spotted when credit card companies became suspicious over the transactions.

The suspects were arrested at addresses in London, Birmingham, Wolverhampton and Kent, according to the Times, and follows investigations made by the FBI and the Metropolitan Police.

Incidents like these highlight the risks of credit card fraud. Several credit cards provide free identity & fraud protection services we urge consumers to keep their credit cards safe. To compare credit cards with free fraud protection services click here.

See the guide below to keep your money safe
DirectGov: Keeping your money secure