Or finally reaches the attention of the media, I'm not sure which. This has been a huge problem elsewhere for well over 5 years, to my knowledge.
Sriram/Kallu, any comments to add? Udhay http://news.webindia123.com/news/showdetails.asp?id=191413&cat=India Police busts fake credit cards racket; arrests four youth Mumbai | December 15, 2005 1:38:15 AM IST The city police today claimed to have busted a fake credit card racket with the arrest of four youth. The accused, three undergraduates and one graduate , prepared fake cards by swiping the originals using a scanner in a city hotel with the help of a waiter, police said. Senior police inspector Pradeep Shinde of Juhu police station identified the accused as Manoj Chavan (25), Leo Paul (19), Akash Kamble (19) and Mahesh Balani (20). The four were arrested in Juhu in North West Mumbai last night. Chavan is a software engineer, the while the others are studying software engineering. After importing the scanner for Rs 15,000, the accused gave it to a waiter in King Palace hotel at Juhu and asked him to swipe the customers' credit cards on the machine. After collecting the data, they prepared counterfeit cards and made purchases worth Rs 20 lakh using as many as 21 fake cards, the police officer said. The racket was busted when one Danish Gonsalves, possessing a Hong Kong bank credit card, found that Rs 1.5 lakh had been withdrawn from his account and lodged a complaint.
