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1. Definition and Key Terminology you must know
Carding: The overarching term for trafficking and fraud involving stolen credit card data and other personal financial information.
Multi-Carding Gang / Carding Ring: An organized group that systematizes the process of carding for maximum profit. They operate like a business with specialized roles.
CVV/CVV2: The Card Verification Value (the 3-digit code on the back of a card). This data is often bought and sold in bulk.
Dumps: Data stolen from a card’s magnetic stripe, often used to create cloned physical cards.
Cardable Sites: Online retailers with vulnerabilities that make them easy targets for fraudsters using stolen data.
Drops / Drop Addresses: Locations (residential or commercial) used to receive fraudulently purchased goods. These are often rented or hijacked without the owner’s knowledge.
Cash-Out Methods: The process of converting fraudulently acquired goods or digital assets into untraceable cash.
2. The Organizational Structure (The “How” of Operation)
A carding ring is not a single person but a network with distinct roles, often operating on dark web forums and encrypted messaging apps.
Data Suppliers/Hackers: The source of the stolen information. They acquire data through:
Phishing: Fake websites and emails tricking users into entering their details.
Skimming: Physical devices installed on ATMs or gas pumps to capture card data.
Malware: Infecting point-of-sale (POS) systems or websites to scrape data.
Data Breaches: Hacking corporate databases containing millions of user records.
Vendors/Sellers: Individuals who sell the stolen data in bulk on dark web marketplaces such as https://cardingshop.me/. They often offer “fresh” data (recently stolen) and may provide guarantees or replacements for invalid cards.
Carders/The Fraudsters: The individuals who actually use the stolen data. Their tasks include:
Checking which stolen cards are still active and have funds.
Using the data to make online purchases or create physical clones.
Drop Managers: They recruit and manage the “mules” who provide shipping addresses (“drops”). They ensure the fraudulently purchased goods are received without being traced back to the core group.
Money Mules: Individuals who allow their addresses or bank accounts to be used for a cut of the profits. They are often recruited through “too good to be true” job scams and face significant legal risk.
Cash-Out Crew: They handle the final step: converting high-value purchased goods (e.g., electronics, gift cards, luxury goods) into cash through resale on platforms like eBay or Facebook Marketplace, or through physical fence operations.
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