Germany Files Charges in ‘Operation Chargeback’ Payment Scam

German prosecutors filed their first charges linked to a €300 million ($343 million) global payment-fraud that allegedly duped millions of credit card holders in a scam that enlisted the help...

By Karin Matussek, Nicholas Comfort · Bloomberg

German prosecutors filed their first charges linked to a €300 million ($343 million) global payment-fraud that allegedly duped millions of credit card holders in a scam that enlisted the help of payment company executives.