Thu 20 Mar 2008
Beware while using you credit card at shops, hotels and everywhere as someone might have an eye on it..
Always keep your CREDIT CARD in sight, when you give it for swiping……
The accused as shown in picture used a card-reader to transfer the data On to a PC for making a duplicate credit card
They Would Make Duplicates Of Credit Cards Used By Customers At A Juhu Hotel
Source:TIMES NEWS NETWORK
Mumbai: The next time you decide to use your credit card on a shopping trip, think again. The Mumbai police have busted a hitech credit card fraud which they believe is the crime of the future.
Four gadget-savvy youngsters from Andheri, two of them software engineers, got together to earn a quick buck and ended up ripping off over Rs 3 lakh of citizens’ money. The foursome were arrested by the Juhu police on Tuesday. Interestingly, one of the boys was all set to leave for the United State s for a job in a wellplaced computer firm ..
According to the police, the mastermind of the gang is 19-year-old Leo Paul . A second-year engineering student at a Bandra college, Paul had read about a magnetic card-reading device which could store data once you swipe a card through it. Data from at least 12 such cards could be stored at a time. Paul realised that if credit cards were swiped though the machine, the personal data of a customer stored on it could be accessed. He then teamed with Akash Kamble , a 19-year-old Lokhandwala resident, and ordered the card-reader from USA , using the Internet, since it’s not available in India ..