Back in 2005, most of the online fraud and abuse that I saw committed was from what I’d call the “repeat offender”. This is the case where the individual perpetrator is working alone to repeatedly defraud or scam a target online business. This perpetrator might purchase or steal victim’s identity or credit card and then use this data to repeatedly make purchases or commit online abuses. Once a particular “virtual” identity is flagged, caught or stopped, the perpetration then simply moves on to use another identity from his spreadsheet. This is what I saw back in 2005.
Next week’s topic: Criminal Diversification, Fraud Rings Develop in 2006 (Part 2 of 4)
