May 2, 2007

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  NEWS: U.K. Scam Ring Caught

  Five individuals believed to be instrumental to the ‘largest credit card scam' on British soil were caught by police, and pleaded guilty yesterday. The quintet, who are accused of having plotted the intricacies of a £17 million credit card scam, had already begun to spend some of their ill-gotten gains on overseas property, investment opportunities, and vacations abroad, say police. Their capture was to the credit of British Transport Police, who nabbed one of the crooks at the Paddington Metro station with over forty prepaid mobile top-up cards conveniently loaded with others' credit card details. The BTP were, at press time, unaware of the nationality of some of the members of the crime ring.
  
  The crooks led police on quite a chase over the course of the year-and-a-half during which they were at large, using pseudonyms and fake documentation to elude authorities. They were ultimately foiled in London, and their possessions were searched. Overall, the gang members manufactured some 32,000 fake credit cards – the amount traced by police. Police also found the equipment used to make the cards.
  
  
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