21 February 2018
Visit www.avoka.com

Police bust Canadian card cloning gang

23 June 2006  |  6771 views  |  0 credit card

Police in Montreal have arrested nine people - including a bank call centre employee - that allegedly used rigged payment terminals to skim debit cards and steal customers' PINs.

The gang are thought to have stolen millions of dollars from 18,000 customer bank accounts. The criminals targeted convenience stores and petrol stations and bribed shop staff to install fake payment terminals which skimmed debit cards and recorded PINs.

According to local press reports the gang included a call centre employee who worked for a subcontractor to French bank Mouvements Desjardins and is alleged to have sold customer data to the fraudsters, such as dates of births which customers are required to enter when withdrawing cash at a Desjardins ATM.

Police seized computers, electronic equipment and cash in raids on properties in the Montreal area.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

UK banks rocked by £1 million Chip & PIN card cloning fraud

UK banks rocked by £1 million Chip & PIN card cloning fraud

08 May 2006  |  16066 views  |  0 comments
Fraudsters net NZ$47,000 in New Zealand ATM skimming scam

Fraudsters net NZ$47,000 in New Zealand ATM skimming scam

03 April 2006  |  8294 views  |  0 comments
US banks fall victim to large-scale hacking and skimming fraud

US banks fall victim to large-scale hacking and skimming fraud

10 March 2006  |  15866 views  |  0 comments
ATM skimming gang arrested in Australia

ATM skimming gang arrested in Australia

26 September 2005  |  12045 views  |  0 comments
Card skimming gang gaoled

Card skimming gang gaoled

04 July 2005  |  7090 views  |  0 comments
ATM card scam gang gaoled

ATM card scam gang gaoled

27 April 2005  |  6924 views  |  0 comments
Card cloners gaoled in UK court cases

Card cloners gaoled in UK court cases

10 October 2003  |  4802 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsVisit https://www.capgemini.comvisit www.ebaday.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11950 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9719 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9462 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8227 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7480 views comments | 19 tweets | 18 linkedin

Featured job

Find your next job