Chip-and-PIN Fraud Gang Jailed
Tom Espinser at ZDNet UK blogs that a gang of four Londoners has been jailed for a Chip-and-PIN fraud operation which netted £725,000. The gang had modified Chip-and-PIN devices to allow them to capture card information and personal identification numbers. They burnt a hole in the back of the readers, and installed memory devices and Bluetooth, to steal the data.

