Tag: credit card scam

Three men arrested in card fraud case

Three men arrested in card fraud case

| 16/07/2020

(CNS): Three George Town men in their mid-twenties were arrested this week on suspicion of obtaining property by deception in connection with a series of fraudulent credit card transactions. The RICPS Financial Crimes Unit said the men are suspected of using stolen information obtained after the card details were provided during legitimate, often telephone, transactions. […]

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Financial cops round up suspect ATM scammer

Financial cops round up suspect ATM scammer

| 27/09/2016 | 23 Comments

(CNS) UPDATED: Police from the Financial Crimes Unit have arrested a Bulgarian man that they believe was trying to scam local bank ATMs this weekend (24 and 25 September). The RCIPS said that the FCU had received reports of suspicious activity where attempts were made to withdraw cash from machines using fraudulent ‘cloned’ gift cards at […]

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Failed ATM scammers jailed for 16 months

Failed ATM scammers jailed for 16 months

| 04/08/2016 | 14 Comments

(CNS): The vulnerability of the Cayman Islands and the need to deter scammers from targeting the jurisdiction saw two men received a 16-month jail term Thursday for trying to steal from bank ATMs with cloned cards, even though the pair failed to get any cash. Adam Mokdad and Hakim Benamara, both from Canada, were sentenced […]

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Bank ATM stymies scammers

Bank ATM stymies scammers

| 01/08/2016 | 6 Comments

(CNS): Two men from Canada who came to Cayman to try and steal cash from local ATMs using cloned credit cards were rounded up by the authorities before they could take any money, the court heard Friday. Adam Mokdad and Hakim Benamara were arrested in April after several of the cloned gift cards they were trying […]

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Bank foots bill for cash stolen from customers

Bank foots bill for cash stolen from customers

| 09/06/2016 | 17 Comments

(CNS): One of Grand Cayman’s high street banks has had to cover the cost of cash stolen from some of its customer accounts. Scotiabank has confirmed that recent fraudulent activity affected some local customers, who have been reimbursed, but it is not clear if the RCIPS Financial Crimes Unit is investigating the security breaches on […]

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Latest credit card cloners own up to crime

Latest credit card cloners own up to crime

| 16/05/2016 | 7 Comments

(CNS): Two visiting foreign nationals who were rounded up by police earlier this year have pleaded guilty to conspiracy to defraud the local banking system with cloned credit cards. Adam Makdad (21) and Hakim Benomara (25), who appeared in court Friday, have been remanded in custody and are due to be sentenced on 9 June.

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Cops nab credit-card thief at local restaurant

Cops nab credit-card thief at local restaurant

| 07/05/2016 | 27 Comments

(CNS): Staff at a local restaurant helped police round up a credit card thief this week after he used a gift-card to pay for his meal bought with an unauthorised payment on another person’s card. Officers from the RCIPS Financial Crimes Unit received a complaint from a resident about the unauthorised use of his local […]

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Judge doesn’t ‘buy’ fraudsters stories

Judge doesn’t ‘buy’ fraudsters stories

| 18/03/2016 | 10 Comments

(CNS): Attempts by a gang of five foreign nationals to minimise their individual parts in a conspiracy to defraud local bank ATMs using cloned credit cards fell on deaf ears and a Grand Court judge found that all four men and one woman played an equal part in the criminal conspiracy. Justice Alastair Malcolm sentenced […]

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Gang admits scamming ‘vulnerable’ local banks

Gang admits scamming ‘vulnerable’ local banks

| 16/03/2016 | 0 Comments

(CNS): A gang of five people who came to the Cayman Islands to steal money from ATMs with skimmed cards targeted the jurisdiction because of the vulnerability of the local banks, prosecutors said Tuesday. They said that this type of crime is decreasing in the US and across Europe because of new technology that can beat […]

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Police warn holiday shoppers to stay vigilant

Police warn holiday shoppers to stay vigilant

| 23/12/2015 | 0 Comments

(CNS): The RCIPS Financial Crimes Unit is warning holiday shoppers to be careful of card skimming and internet scams, especially when purchasing goods online. With an increase in wire transfers resulting from scams, police are urging people to be distrust banking instructions received over email purporting to be from genuine banks, treat any communications carefully and call the bank to […]

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How ATM scammers steal customer information

How ATM scammers steal customer information

| 05/06/2015 | 0 Comments

(CNS Business): Devices that capture your debit card information at ATMs are becoming more popular with crooks. On a global scale, data reports show “ATM skimming” is on the rise, and its also plaguing local ATMs in the Cayman Islands. The fraud technique has already succeeded in stealing around $250,000 this year.

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