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Sunday 19th of September 2010

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September 16, 2010

Custodial sentences for card factory fraudsters

by Gill Montia

Story link: Custodial sentences for card factory fraudsters

Two fraudsters who ran a plastic card factory yesterday received custodial sentences at Southward Crown Court.

Gabriel Yew of Haringey, who pleaded guilty to conspiracy to defraud, supplying articles for use in fraud and money laundering, was sentenced to four years in prison.

Cheng Chee Weng, who pleaded guilty to conspiracy to defraud and supplying articles for use in fraud, received a 15 month prison sentence.

Following an investigation earlier this year by the Dedicated Cheque and Plastic Crime Unit (DCPCU) and the Westminster Police Chinese Unit, a factory manufacturing counterfeit payment cards was discovered at a flat in Hornsey Road, Haringey.

Items recovered included thermal printers, plastic cards and holograms, alongside over £10,000 in cash, gold ingots and other gold jewellery valued at between £8,000 and £10,000.

A list of stolen account numbers was also found at the address, 250 of which were already encoded onto the counterfeit cards, and police then recovered a further 450 compromised card details.

The DCPCU is a special police unit sponsored by the banking industry.

It comprises officers from the Metropolitan and City of London police forces who work alongside banking industry fraud investigators.

 

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