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Spain Police Arrests Eight Members of Worldwide Hacking Network

Spain’s national police, acting along with an unidentified U.S. security agency, arrested eight members of a global banking hacking network responsible for stealing more than $60 million from cash machines worldwide.

Spanish police said in a statement yesterday they had arrested six Romanians and two Moroccans in the suburbs of Madrid. Police seized material including 25,000 euros ($34,000) in cash, jewelry, computers and about 1,000 unused cards.