FBI Freezes 'Iceman' Cards Hacker

PITTSBURGH - A computer expert who served as a confidential source for an elite FBI computer crime squad was indicted on federal charges of stealing confidential information from Pentagon FCU, Citibank and others to traffic in stolen credit cards.

Processing Content

Max Ray Butler, 35, also known as the Iceman, was charged with running an online marketplace for stolen credit card information at cardersmarket.com that is used by third parties to manufacture phony credit cards, a practice known as "carding." Butler allegedly hacked into the computer systems of Pentagon FCU, Citibank and a government employee.

The number of cards reportedly compromised by Butler and his accomplices is said to be in the thousands. Butler previously served 18 months in prison for hacking into computers at University of California Berkeley, national laboratories, federal agencies, Air Force bases and a NASA flight center.

Some of these crimes took place while he was supposed to be working undercover for the FBI. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com


For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER
Load More