36,000 Counterfeit Visa/MC Holograms Seized in Alaska

Posted by John B. Frank Friday, May 15, 2009

Source: ADN
Complete item: http://www.adn.com/news/alaska/crime/story/794806.html

Description:
Federal officials in Anchorage have seized a package containing thousands of counterfeit credit card logos and driver's license seals, according to U.S. Customs and Border Protection.

The express-sent package, intercepted in late April, was sent from Hong Kong and contained more than 36,000 counterfeit Visa and MasterCard holograms and 10,000 counterfeit Department of Motor Vehicle seals used in Alberta.

The goods were hidden inside a computer tower, officials said.

Federal investigators said the illegal holograms, when combined with stolen account information, allow criminals to manufacture credit cards and driver's licenses that are almost indistinguishable from real ones. Such fake documents are major components used in bank fraud and identity theft, they said. The documents could also help criminals enter the country to continue their illegal activities, officials said

0 comments

Post a Comment

Learn More About Us

Find out how our patented technology can empower your financial institution.

Our secure two-factor online banking authentication eliminates dangerous passwords and usernames and replicates the same trusted process used to access cash at ATM's. (Insert Bank Issued Card, Enter Bank Issued PIN)

There is an R.O.I. as FI's also earn recurring revenue from each transaction conducted using our PCI 2.0 Certified PIN Entry Device. Our technology also provides a unique real-time P2P "Instant-Transfer" which allows your online banking customer to transfer cash from ANY of their bankcards to ANY other bankcard...with the Swipe of a card.

Help your bank eliminate phishing and your customers avoid identity theft by providing them with the ability to stop typing and start swiping. There is no safer way to conduct financial transactions online than by 3DES DUKPT encrypting the cardholder details, which we do at the mag-head "inside the box/outside the browser."

All Top Banking