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Title : Two Africans arrested for theft using cloned credit cards
By :
Date : 21 June 2008 0051 hrs (SST)
URL : http://www.channelnewsasia.com/stories/singaporelocalnews/view/355441/1/.html

SINGAPORE : A 33-year-old Ghanaian man and a 22-year-old Ethiopian woman have been arrested for using cloned credit cards and ATM (automated teller machine) cards to make withdrawals at local ATMs.

The pair was nabbed at a shopping centre along Orchard Road on June 19 at about 3pm.

Officers from the Commercial Affairs Department (CAD) seized about 90 magnetic stripe cards. These are suspected to be encoded with data from stolen cards.

Following their arrest, CAD officers also raided a service apartment in the Orchard Road area, where they seized another 780 magnetic stripe cards, a notebook computer and an encoder believed to have been used to encode the cards. They also seized about S$10,000 cash, believed to be proceeds from the fraudulent ATM withdrawals.

Police believe that the data found encoded in the magnetic stripe cards were stolen from outside Singapore. - CNA /ls




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