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Teenage Credit Card Scammers Stealing From the Rich | Crimewave

We chat to a young credit card scammer who has been ‘’deetsing’’ – buying account details online to purchase whatever he wants without the account holder's knowledge or consent. Teenagers as young as 13 are learning how to commit online fraud at school and say they are targeting the rich. Some are using profits to feed their families as they don’t see any prospect in regular minimum-wage jobs. Others use the money to buy anything from iPhones to flights, holidays, fancy restaurant dinners, clothes and food deliveries. VICE chats to a young fraudster who has acquired funds from account details he found online, in order to buy everything he wants. If caught, fraudsters can face hefty fines and prison sentences of up to 5 years. 00:00 Intro 00:58 How credit card frauds actually work 03:00 Targetting the rich 05:26 Why are teens becoming fraudsters? Watch next: The Gangs that Steal Your Puppies    • The Gangs That Steal Your Puppies | C...   Cartels Are Making Millions on Fentanyl-Laced Medicine    • Cartels Are Making Millions on Fentan...   Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: http://bit.ly/VICE-Videos Videos, daily editorial and more: https://www.vice.com More videos from the VICE network: https://www.fb.com/vicevideo Click here to get the best of VICE daily: http://bit.ly/1SquZ6v Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter:   / vice   Follow us on Instagram:   / vice   Follow us on TikTok: https://www.tiktok.com/@vice?lang=en The VICE YouTube Network: VICE:    / vice   MUNCHIES:    / munchies   VICE News:    / vicenews   VICELAND:    / vicelandtv   Vice Life:    / broadly   Noisey:    / noisey   Motherboard:    / motherboardtv   VICE Sports:    / noc   i-D:    / idmagazine   Waypoint:    / waypointvice   #vice #crime