College hackers in Kenya are converting stolen money to bitcoin ...Middle East

Quartz - Economy
College hackers in Kenya are converting stolen money to bitcoin
A Kenyan college gang has been hacking into people’s credit cards through email phishing and using the money to buy bitcoin, according to the country’s directorate of criminal investigations (DCI).The gang based its criminal operations in Milimani, an upscale estate in Nakuru, a city located 161 km from the capital Nairobi. Email phishing involves the use of emails as baits to steal card numbers and passwords.“Francis Maina Wambui Alias Nick, 26, and Zellic Alusa, 25, both students at Kenyatta University were arrested during the raid in the company of two young ladies,” DCI says.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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