June 27, 2012 (San Diego) -- Pursuant to a federal arrest warrant issued out of the Southern District of New York, Mark Caparelli, aka, "Cubby" was arrested yesterday morning in San Diego by FBI Agents. The arrest was one of 24 arrests made in eight countries as part of a two-year international cyber crime takedown operation. Caparelli was booked into the Metropolitan Correctional Center. The undercover “carding” sting protected over 400,000 potential cyber-crime victims and prevented over $205 million in losses, according to a press release issued by the FBI.