Ecuador: gang of credit card cloners broken up

Posted on August 25, 2013 • Filed under: Crime, Ecuador

Credit Card cloners arrested, bank employees also being investigated

Elcomercio.com.ec reported that a criminal enterprise elaborated from credit cards and identity documents to the stamps of banks to falsify ‘vouchers’ to buying electrical goods. Police said the operation “World Trade Center”, which took place early on Friday in northern Guayaquil, were captured five people allegedly involved in the theft and cloning of bank cards.

The antisocial used the “skimmer”, plastic with a slot machine that collects the data from the magnetic strip of credit and debit cards. Then in the technology center developed by the suspects, printed, embossed and gave color and put safety seals fake cards of several local financial institutions. The alleged collusion with bank employees and owners of commercial premises is under investigation. For research also collected video surveillance cameras of commercial buildings World Trade Center. Read Article

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