I've often wondered how people managed to get cash from stolen credit cards.

So finally, the last question I had was how they manage to get actual, physical goods using that stolen credit, without having to divulge their address. The way I was explained is that all he has to do is post ads on eBay for popular items that he doesn't actually have. Then, when someone buys it, he turns around and buys that same item from some online store with the bought CC numbers, and puts the eBay buyer's address as the shipping location. He makes those stores send the products directly to his buyers, and gets clean cash for them, which he can spend any way he wants. It's a type of online money laundering.

Interview with a malicious hacker making over $10,000 a week