Daily Banking Industry News
Thursday 02nd of October 2008

Banking Sectors:

By company:

By organisation:

Also see:

December 10, 2007

Villagers victims of credit card fraud

by Gill Montia

Story link: Villagers victims of credit card fraud

An unusual case of debit and credit card fraud has come to light, with a number of the residents of a Leicestershire village claiming to have become victims of international crime.

Early reports suggest that hundreds of residents of Houghton on the Hill had their credit cards “cloned” at the local shop and petrol station.

Cards details were apparently copied by a fake reader that had been installed in the shop, while a secret camera was used to capture PINs as customers made their entries.

Withdrawals, which could total up to £80,000, have made from overseas, with accounts showing the cloned cards being used in Canada, Australia, India and the Philippines.

According to Jim Funnell, the owner of the shop, he called the police when he thought someone had tampered with the credit card reader.

Mr Funnell believes his shop has “been at the centre of a credit-card scam which has affected every house in the village … some customers have lost large sums, with £500 going in one transaction.”

So far residents of Houghton on the Hill have reported incidents such as £600 being withdrawn from various ATMs in Canada and an attempt to withdraw £111 in the Philippines.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related stories to: Villagers victims of credit card fraud

Credit card fraud increases for UK holidaymakers  ...

Overseas card fraud rises by 25%  ...

Sharp rise in credit and debit card fraud  ...

Chip and Pin flaw leaves cardholders liable  ...

Cardholders flock to secure online payment methods  ...

No Comments »

No comments yet.

Leave a comment


Previous: « Citigroup seeks new chief executive as sub-prime losses mount
Next: Sipps providers evade freedom of choice »

Visited 620 times, 3 so far today

Investment Banking News


Savings & Investment News