Credit card cloning operation dismantled

Police officers, assigned to the Central Dept. of Criminal Investigations have dismantled a network of counterfeiters who were using hi-tech equipment to clone credit cards.

A spokesman said that the operation, centered on an abandoned house on the corner of Calle 10 in Las  Ca�itas in Santo Domingo, resulted in the arrest of  Abraham Antonio de Lara Candelario.

Police said that they found a machine used to emboss the number and name on credit cards and another piece of equipment for creating the magnetic strip. They also found a card reader for extracting information from cards.

In addition to the counterfeiting equipment, they found 18 cloned credit cards  including seven of the BBVA bank, five of the Asociaci�n Popular de Ahorros y Prestamos, five of  La Nacional and one for  Solidaridad del Gobierno.

Officers also found white plastic for making blank cards.
Police said that further investigations are under way by the Electronic Fraud Department.

10 related news articles

Banks charge up to 104.4% a year on credit cards: Apr 5 2011

Hungarians arrested in Sosua for cloning credit cards: Nov 22 2010

Card cloning and banknote forging operations closed down: Sep 23 2010

Cases of fake whisky seized : Sep 17 2010

Romanian arrested with 41 cloned credit cards: Sep 10 2010

Counterfeit medicine labs raided: Jun 2 2010

Counterfeit oil operation stopped: May 28 2010

Dominican card cloning gang arrested in Spain: Feb 8 2010

Counterfeit 50 peso notes �not counterfeit�: Jan 21 2010

New warning of fake 50 and 2000 pesos notes in circulation: Jan 21 2010

Share this article

Digg it!

del.icio.us

MySpace

Facebook

Fark

Reddit

Newsvine