Archives

Massive Credit Card scandal busted, two youth arrested

A massive fraud of International 'Visa and Master' credit cards was detected by the Criminal Investigations Department (CID) following the arrest of two youth from Wellawatte and Maradana on Tuesday.

The CID has sought the assistance of the Interpol to trace the other suspects who assisted the suspects now in CID custody.

The special CID team conducting investigations on the direction of the CID DIG Lionel Gunatilleke recovered seven such forged Visa and Master cards in the names of several leading businessmen including those from London and Canada, from the possession of the suspects.The Modus Operandi of the suspects were to collect information about foreign billonaire businessmen through e-mail with the assistance of the suspect's friends abroad and feed that information to the 'Skimming Device' and prepare forged credit cards.

Investigations revealed that one of the suspects had come to Sri Lanka after two years in London with several items of sophisticated computer equipment including the 'Skimming Device'.

Investigations upto yesterday revealed that over Rs.70 million had been obtained through these forged credit cards. The CID will question several leading Sri Lankan businessmen who are alleged to have been involved in the racket.

The CID special team is looking for more suspects who are alleged to have assisted the suspects in custody. 

News | Business | Features | Editorial | Security
Politics | World | Letters | Sports | Obituaries |

Produced by Lake House
Copyright 2001 The Associated Newspapers of Ceylon Ltd.
Comments and suggestions to :Web Manager