Credit card fraud has become such a problem in places like the UK and US that these countries have tried to rectify the problem. In India a gang of four people were arrested. They were suspected of the fraud by police when they arrived in the capital.

Farhan Khan was one person involved in the ring. He has up to four aliases. The group was arrested outside a cinema. The police were contacted anonymously with a tip that these perpetrators would be in the area. When they found the four gang members they had credit cards, debit cards, pan cars, drivers’ licenses, and a swipe machine on them.

During the interrogation it was revealed they were going to put the machines in a jewellery store to clone other cards and gain more money from the fraudulent activities. The gang was to have no money in their accounts so that when it came time to pay the bills the companies would be at a loss. The gang supposedly spoke with another section of fraudsters in India to find out how to defraud credit card companies. This section of gangs located in Mumbai and Chennai gave out the tips and asked for a cut of the money earned as a fee.

It is suspected that the four gang members and those in the other cities are part of a larger international ring. They steal credit cards from visitors, other countries, and come back to India to create the fraudulent charges. In this way they move around so that the police have a harder time getting a hold of them. Luckily for those with the stolen cards and the credit card companies four of the gang are now in custody. Hopefully the police will be able to work on getting more individuals locked up.