This story about a global cybercriminal network is an example of how challenging it is for cops to get the robbers. They did in this case, congrats to the cops!! Laws don’t stop cybercriminals from crossing borders with increasingly sophisticated schemes. If you read to the end of the article, the quiet mention of who will bear the loss (the cops didn’t recover anywhere near all that was stolen) is unresolved. That’s a fault of the global legal system. And there is no solution in site.
Eight Charged in 45-million Global Cyber Bank Thefts, New York Times.