I would be interested in seeing this. The process interests me -- not that I'm about to fall into the same trap as the OP's friend but I'm not sure how exactly to make it work.
Hard to say for EU but in the US, the credit card company (as a previous poster noted) would play a role. The FBI might also get involved and help out. I'm certain the EU has policing for this sort of fraud but I couldn't say which agency might be best. It sounds really fishy that your local...
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