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Pittsfield man charged in international cyber crime bust

Peter Ketchum arrested Tuesday

Updated: Tuesday, 26 Jun 2012, 11:50 PM EDT
Published : Tuesday, 26 Jun 2012, 11:50 PM EDT

PITTSFIELD, Mass. (WWLP) - Peter Ketchum of Pittsfield was arrested today in a major international sting targeting online financial fraud.

Eleven people were arrested in the United States. Another 13 people were charged in seven foreign countries.

The arrests were made following a federal investigation of hackers who exchanged credit card, bank and other information in private Internet forums.

According to the U.S. Attorney's Office, the two-year FBI undercover operation prevented more than $205 million in losses.

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