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Arrests in Bulgarian Fraud Scheme

Bulgarian and French authorities have made 11 arrests in an effort to take down a Bulgarian organized crime network. The alleged conspirators harvested financial data from ATMs in France, which they then used to create fake payment cards, authorities say. Police also confiscated dozens of forged payment cards with records of PIN numbers ready to be used at ATMs. The fake cards were then allegedly used to withdraw large amounts of cash from ATM withdrawals outside the European Union, including the Philippines, Malaysia and Indonesia. The operation shows the international scale of organized crime, says Europol director of Rob Wainwright.”]

Source: https://www.cuinfosecurity.com/arrests-in-bulgarian-fraud-scheme-a-6882

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