Justice Department Busts Credit Card Laundering Scheme Operator

The Department of Justice (DOJ) busted a former CEO of a credit card processing company for allegedly operating a credit card laundering scheme. The U.S. Attorney for the Southern District of New York, Geoffrey Berman filed a lawsuit against former CardReady CEO Brandon Becker on Friday. In the indictment, the U.S. Attorney alleged that Becker created sham merchant accounts to allow access to a credit card processing system for certain deceptive businesses including a telemarketing scheme. Becker through its telemarketing scheme allegedly bilked more than $19 million from thousands of…

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Apple’s Rhetoric over iPhone Encryption False and Corrosive: DOJ

Apple iPhone

The rhetoric of Apple (NASDAQ:AAPL) over the iPhone encryption related to the San Bernardino case was “false,” according to the Department of Justice in a filing to U.S. District Court for the Central District of California. The Federal Bureau of Investigation (FBI) obtained a court last month that required Apple to “provide reasonable technical assistance” to unlock the iPhone owned by Syed Rizwan Farook, one of the terrorists who killed 14 people and injured 22 others in the San Bernardino mass shooting. Apple rejected the court order and argued that…

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