According to some security experts fraud resulting from card skimming will further increase in 2012 as fraud rings continue to exploit the magnetic-stripe. Read More
17 Year Old Skimmed Cards Working Drive-Thru
A 17 year old recently plead guilty to two juvenile counts of forgery and identity theft after making at least $13,000 in fraudulent purchases using card numbers he skimmed while working the drive-thru window at McDonald’s. Read More
Romanian Fraudster Arrested for ATM Skimming Scam
Laurentiu Bulat, a Romanian citizen living illegally in the United States, was arrested on January 5 on multiple charges after taking part in $1.5 million skimming and counterfeit card operation that targeted at least 40 HSBC ATMs in New York. Read More
Fraudsters Skimming Gift Cards Before They’re Activated
While the Credit CARD Act of 2009 included several provisions to protect consumers from hidden fees and expiration dates with gift cards, these popular holiday gifts can still be vulnerable to fraud. A gift card scam that made rounds this past holiday season involved skimming gift cards before they were purchased and waiting until they
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Counterfeit Card Ring Resold Gasoline
For several years now fraudsters have been obtaining credit card numbers by hiding skimmers in gas pumps, but a fraud ring from Central Florida took this a step further. Not only did they counterfeit cards skimmed from consumers paying-at-the-pump, but they then used the counterfeit cards to steal large amounts of fuel which they later
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