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Huge Credit Fraud Ring Sends Europeans' Data To Pakistan

Posted by timothy on from the we-keep-our-biggest-credit-thieves-in-d.c. dept.

marshotel excerpts from a story at the Wall Street Journal: "European law-enforcement officials uncovered a highly sophisticated credit-card fraud ring that funnels account data to Pakistan from hundreds of grocery-store card machines across Europe, according to U.S. intelligence officials and other people familiar with the case. Specialists say the theft technology is the most advanced they have seen, and a person close to British law enforcement said it has affected big retailers including a British unit of Wal-Mart Stores Inc. and Tesco Ltd."

14 of 166 comments (clear)

  1. Once a grocer by G3ckoG33k · · Score: 2, Funny

    "Once a grocer, always a grocer."

    Said by Penelope Keith (as Audrey fforbes-Hamilton) in "To The Manor Born" (http://en.wikipedia.org/wiki/To_the_Manor_Born) to Marjory Frobisher (played by Angela Thorne) about Richard DeVere (played by Peter Bowles) a nouveau riche millionaire supermarket owner.

    How that applies here too!

  2. Screw credit cards... by Bombula · · Score: 5, Funny

    To hell with credit cards and plastic. This kind of danger is why I only use cash and keep all my money in a Washington Mutual bank account, where it's safe...

    --
    A-Bomb
    1. Re:Screw credit cards... by ScrewMaster · · Score: 5, Funny

      Ppppphhhhhhttttt.

      I've found it's simply safer to spend it just after it hits my bank account.

      Yeah, most Americans do that. It goes awful fast nowadays. Like the old Depression-era joke:

      Two men are sitting next to a hot dog stand having lunch. One looks down at his meal and says, "You know, one end of this thing tastes like hot dog, and the other tastes like bread."

      The other guy responds with "Yeah ... these days it's hard to make both ends meat."

      --
      The higher the technology, the sharper that two-edged sword.
  3. Re:I'm impressed. by Yvan256 · · Score: 2, Funny

    Cartman, is that you?

  4. Re:Payback by Anonymous Coward · · Score: 0, Funny

    fuck off back to curry land

  5. Good quick title edit.. by pcardno · · Score: 4, Funny

    ...shame my RSS feed still has it as "European's". I was wondering who this poor unlucky chap was, why defrauding him was so huge and quite how it managed to be a ring with only one person..

    --
    --- Band: Joey Ultra
    1. Re:Good quick title edit.. by Dirtside · · Score: 2, Funny

      Well, if you're a small-time fraudster, it only takes a one-man ring to rule the mall.

      --
      "Destroy science and religion. Science would re-emerge exactly the same; but not religion." - Penn Jillette, paraphrased
  6. fear not... by owlnation · · Score: 3, Funny

    In the UK. We're fine. Most of our data has already been stored in a government hard drive and left on a train seat somewhere, and it's not like we have any money in our bank accounts anyway.

  7. Re:One-Time Passwords for Transactions by hobbit · · Score: 2, Funny

    This is the TLA police; we're doing the WWW rounds tonight and you're SOL.

    --
    "Wise men talk because they have something to say; fools, because they have to say something" - Plato
  8. Re:Credit cards are evil. by Anonymous Coward · · Score: 2, Funny

    So you're the asshat that's making everything I purchase cost two percent more. I'll get you! I'm going to make stupid and risky investments and make you bail me out! Hahahahahah!

  9. Re:I'm impressed. by grub · · Score: 3, Funny


    WHY DO YOU HATE AMERICA?!

    Because I'm Canadian?! :)

    Anyhow, this was at a Toys-R-Us, not WalMart (they aren't the same company, are they?)

    --
    Trolling is a art,
  10. Any chance... by jd · · Score: 4, Funny

    ...it was Diebold?

    --
    It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
  11. Re:Payback by Anonymous Coward · · Score: 1, Funny

    Burnley?

  12. Re:Walmart & Tesco by Anonymous Coward · · Score: 1, Funny

    Hey now Walmart isn't that bad. Sometimes you can find a good sale.