Compare Credit Cards with CardSmart

Home » Credit Card News » Card Protection & Fraud » Card fraud gang exposed

Card fraud gang exposed

The company linked to an undercover credit card fraud probe has vowed action will be taken to stop future card crime.

More from Card Protection & Fraud
20 March 2009

Card fraud gang exposed”

Bookmarks

Symantec corporation was informed by the BBC this week that a criminal gang was selling UK credit card details, some of which it believed had been stolen from an Indian call centre the company used.

As part of the investigation, BBC reporters posed as fraudsters and bought names, addresses and valid credit card details from a Delhi-based man at a cost of $10 (£6.88) a card.

Symantec has told the news source the leak has been identified and removed.

In a statement it added: "We are investigating how this incident happened and will take any appropriate steps to address any opportunities for improvement in our processes."

Gordon Brown is also stepping up efforts to reduce card crime.

He unveiled a National Fraud Strategy as part of a government package to protect credit card holders earlier this week.

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
Compare More Credit Cards...

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. Read more... We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.