ATM Skimming Group Busted By Europol
Posted by: Timothy Weaver on 05/26/2016 05:45 AM
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Europol, along with French and Italian authorities, arrested nine individuals in an ATM skimming scheme that operated in both countries.
The group would use sophisticated skimming tools to get card data and then use that data to create new fake cards. They would then store the stolen credit card data in the cloud so other members could access them.
Authorities carried out a search of the skimmers houses and confiscated micro camera bars, card readers, magnetic strip readers and writers, computers, phones and flash drives. Also confiscated were two hand guns, five vehicles and thousands of blank cards.
Most of the damage done was in France where the group managed to make off with around half a million Euros.
Another skimming group was arrested by Italian Carabinieri along with Europol. In that case, 16 individuals were arrested that operated in Denmark, Italy and the U.K.
Europol makes this recommendation: "To reduce the risk of becoming a victim of this type of electronic crime, check your banking transactions regularly and immediately inform your bank of anything suspicious, which could also include a transaction not being debited from your account after you have used your card."
Source: SoftPedia
The group would use sophisticated skimming tools to get card data and then use that data to create new fake cards. They would then store the stolen credit card data in the cloud so other members could access them.Authorities carried out a search of the skimmers houses and confiscated micro camera bars, card readers, magnetic strip readers and writers, computers, phones and flash drives. Also confiscated were two hand guns, five vehicles and thousands of blank cards.
Most of the damage done was in France where the group managed to make off with around half a million Euros.
Another skimming group was arrested by Italian Carabinieri along with Europol. In that case, 16 individuals were arrested that operated in Denmark, Italy and the U.K.
Europol makes this recommendation: "To reduce the risk of becoming a victim of this type of electronic crime, check your banking transactions regularly and immediately inform your bank of anything suspicious, which could also include a transaction not being debited from your account after you have used your card."
Source: SoftPedia
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