31 October 2007
Two men in their 20s are suspected to be members of an international credit card forgery syndicate and have been arrested in Bayan Lepas when they went to a courier company to send packages of cards.
On 19 October 2007, the men were arrested with about 100 cards embossed with security magnetic stripes and names of foreign banks in the United Kingdom, Spain, Italy and France. The cards would be encoded with user data by syndicate members upon reaching overseas markets.
As credit card companies in Malaysia have switched to using cards with microchips, known as smart cards, such syndicates resort to selling magnetic stripe cards internationally.
The duo are expected to be charged in court soon.
The Star Online – Two nabbed with forged cards