38 ARRESTED IN INTERNATIONAL CREDIT CARD FRAUD CASE

Madrid — Spanish police say they have arrested 38 people and dismantled a criminal organization dealing in credit card fraud on an international scale. Authorities said Saturday those arrested were in a ring that specialized in the counterfeit and fraudulent use of credit cards from international banks, which were scammed up to $1.6 million. The victimized banks were mainly based in Italy, Britain, the United States, Australia and Germany. Police say the ring created a virtual travel agency offering online plane and train tickets, hotel reservations, car rentals and other purchases.