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Vietnamese Man Faces NJ Charges in Credit Card Scheme

The alleged leader of a Vietnam-based international data theft ring faces charges in New Jersey stemming from the scheme that authorities say made $200 million in fraudulent credit card charges.

Image Source, Getty Images

Federal prosecutors said Wednesday that 23-year-old Duy Truong of Ho Chi Minh City is accused of conspiracy to commit bank fraud.

Authorities say that since 2007, Truong led a group that stole and resold the personal information of credit card users who made purchases online. The conspirators also made fraudulent charges using the cards.

Authorities say more than 1 million credit cards were stolen worldwide.

Global law enforcement agencies have made arrests over the past week in the United Kingdom, Vietnam, Italy and Germany with relation to the scheme.

The suspect is being held by Vietnamese authorities.

 

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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