Turkey: $30M credit card scam hits tourists in coastal resort, 20 arrested

Nearly $30 million has been stolen from tourists in an elaborate credit card fraud scheme in the Turkish coastal resort of Kusadasi, leading to the arrest of 20 people, including the suspected mastermind, according to Turkish media.

Turkish site T24 reported that at least 268 foreign tourists fell victim to the hoax, in which a criminal network used “smurfing” tactics: breaking down large amounts of money into smaller transactions, often under the reporting threshold, to evade detection…