Exchange Students Nabbed as Top Cybercrooks
The Department of Homeland Security is investigating two exchange students from Vietnam who are suspected of committing identity theft and wire fraud to the tune of $1 million.
Tram Vo and Khoi Van, both students at Winona State University in Minnesota, are alleged to have participated in a cybercrime ring that used stolen credit cards to defraud several e-commerce merchants, said Brian Donohue with the firm Kaspersky Lab.
According to an affidavit filed Dec. 29 with the United States District Court in Minnesota, the two acted as eBay resellers -- auctioning off items such as Rosetta Stone software, video games and textbooks. They would wait until they received purchase orders, buy the items using stolen credit card numbers, and then sell them, wiring the profit to bank accounts in Vietnam.
They also set up a network of human "mules" to transport fraudulently purchased goods back to Vietnam.
Vo used stolen identities to open 56 PayPal account and 24 eBay accounts, both of which received a combined $247,000 in funds. Van's name is associated with 310 PayPal accounts and 157 eBay accounts, which together yielded more than $1 million.
The criminal team is also alleged to have made $800,000 in fraudulent transactions from 32 separate bank accounts.
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