Global Card Fraud Scheme Grows
Bank Info Security reports the NSW Police in Australia announced the arrest of five Malaysian and Sri Lankan nationals for the roles they played in an international card-skimming. After a months-long investigation, authorities seized more than 50 stolen POS terminals, dozens of card skimmers and more than 18,000 blank and counterfeit cards. PIN overlays and other electronics, such as laptops and mobile phones, also have been confiscated. The scheme involved skimming at point-of-sale terminals in numerous merchant locations that span United Kingdom, mainland Europe and North America.
