Credit card cloning gang busted; two held

Image
Press Trust of India Hyderabad
Last Updated : Feb 17 2014 | 10:55 PM IST
A law student from Chennai and another person were arrested by Cyberabad Police after they busted a credit card cloning gang, police said today.
Based on the information, the Special Operations Team (SOT) of Cyberabad Police apprehended law student Uday and Kranthi Kumar from here and recovered one laptop, a debit card and credit card writer from their possession.
"Uday learnt how to clone such cards and got the hacked data of credit and debit cards of different account holders through various internet sites.
Thereafter, he wrote the same data on magnetic strip on a blank plain card through the program card writer and specially-prepared software for cloning," SOT Officer on Special Duty K Goverdhan Reddy said.
After completion of the programming of credit and debit cards, Uday used to visit different places in the country and hire local people for swiping of such cards.
Kranthi Kumar helped Uday in scratching the programmed cards and benefited up to Rs five lakh, the senior police officer said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 17 2014 | 10:55 PM IST

Next Story