Catch of the Day: Credit Card Cloners Stole Thousands - Fraudsters Used Overseas Hackers to Get Card Numbers
Subscribe: Apple Podcasts | YouTube | Spotify | Stitcher | TuneIn
Source: FBI.gov
A prolific credit card scammer—who continued his crimes from behind bars—is now serving a lengthy sentence thanks to a multi-agency investigation into his card-cloning operation.
From 2014 to 2016, Syracuse, New York, resident Daquan Rice, 23, and several associates purchased credit card numbers online from hackers in Russia, Pakistan, and Ukraine, who sell the information they steal. Rice also bought credit card numbers from a friend who worked at a Syracuse restaurant who had skimmed numbers from customer credit cards on Rice’s behalf.
Rice had an associate in New York City with a credit card cloning machine, and he would provide the numbers to the person to make new cards for him. Rice and his accomplices then used these cards to buy gift cards, which they would convert into cash or money orders.
How does this happen? Today we discuss how carder networks operate and how carders steal personal information, use credit card cloning devices, and manufacture counterfeit credit cards.
Who Should Listen? Fraud Managers and Investigators, Fraud Analysts, Law Enforcement Professionals, Risk Managers, E-commerce Managers, M-commerce managers, Finance Professionals, Chargeback Specialists, Call Center Agents, IT/Operations.
Disclaimer: Ruin a Bad Guy’s Day, LLC. The information provided in Ruin a Bad Guy’s Day/Skip Myers podcasts/webinars and accompanying material is for informational purposes only. It should not be considered legal or financial advice. You should consult with legal counsel or other professionals to determine what may be best for your individual or organizational needs.
Ruin a Bad Guy’s Day® is a registered trademark.
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.