> Subject: 
>         Mobsters admit ?5m card fraud plot
>   Date: 
>         Fri, 12 Jan 2001 10:50:36 -0500
>   From: 
>         "R. A. Hettinga" <[EMAIL PROTECTED]>
>     To: 
>         Digital Bearer Settlement List <[EMAIL PROTECTED]>
> 
> 
> --- begin forwarded text
> 
> 
> From: Somebody
> To: "R. A. Hettinga" <[EMAIL PROTECTED]>
> Subject: Mobsters admit ?5m card fraud plot
> Date: Fri, 12 Jan 2001 15:37:47 -0000
> 
> http://www.thisislondon.co.uk/html/news/top_direct_london.html
> 
> Mobsters admit ?5m card fraud plot
> 
> by Colin Freeman
> Details of one of Britain's most sophisticated credit card frauds were
> revealed today when two Russian mobsters appeared in court accused of
> running a London card-cloning factory.
> 
> Using computer equipment bought for as little as ?2,500, Vladimir Stroguine,
> 44, of West Hendon, and Alexander Tanov, 33, of Streatham, were producing
> near-perfect cards which could easily have netted them up to ?5 million.
> Both have admitted charges of conspiracy to defraud at Southwark Crown
> Court. They were due to be sentenced today but the case was adjourned
> pending reports.
> 
> The method, known as skimming, involved recruiting eastern Europeans working
> in hotels and restaurants across London who would use machines to copy
> information from the magnetic strips on customers' credit cards.
> 
> This would be passed on to the gang's factory in Hendon where it would be
> placed on faked cards. Customers only realised a crime had been committed
> when a bill arrived or the bank got in touch. The computer equipment could
> even copy the intricate security holograms on Visa and Mastercards.
> 
> The discovery of the factory, the first of its kind found in the UK,
> prompted warnings from experts today that the industry faced a "tremendous
> threat" from other gangs.
> 
> --- end forwarded text
> 
> 
> -- 
> -----------------
> R. A. Hettinga <mailto: [EMAIL PROTECTED]>
> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
> 44 Farquhar Street, Boston, MA 02131 USA
> "... however it may deserve respect for its usefulness and antiquity,
> [predicting the end of the world] has not been found agreeable to
> experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
> 

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