8 October 2011, 10:18

Major credit card scam uncovered - US

Major credit card scam uncovered - US

In the United States 85 people have been arrested and 25 are being looked for in a major credit card fraud uncovered by New York police.

In the United States 85 people have been arrested and 25 are being looked for in a major credit card fraud uncovered by New York police.

The suspects, many of them from the former Soviet Union and all members of five local criminal gangs, had their people working at restaurants, hotels and supermarkets using special gadgets to download the clients’ credit card data which was then placed on blanks imported from Russia, Libya, Lebanon, and China. The fraudsters used the fake cards to  buy 13 million dollars worth of  pricey items across the US.

The criminals chose the US as their target because in Europe developments in chip and pin technology, card reading devices for online banking, and fraud detection software have helped keep them at bay.

(Itar-Tass, Vesti)

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