Threat Management

Man pleads guilty for involvement in $50M scam

A Georgia man has plead guilty to racketeering charges related to a credit card trafficking ruse that resulted in more than $50 million being lost globally.

Cameron Harrison, also known by his online alias “Kilobit,” faces years behind bars and a hefty fine for his part in the criminal collective since June 2008, according to court documents obtained by Ars Technica.

Harrison is accused of taking part in stealing credit card information, as well as other personal identifying information, which the group would then benefit off of monetarily.  

The ID stealing group was broken up by authorities in 2012, and 55 of its members have been charged for similar crimes. Of those charged, eight have pleaded guilty, while a majority of the group remains at large.

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