Later, he came to learn that a fraudster or a professional hacker had tried to withdraw money in the US from his credit card. Like this university teacher, many users of debit cards, credit cards or ATM cards have been victims of card cloning by some international and local gangs. This March, 30 people, including six Bangladeshis, were arrested in Queens, New York and charged for credit card and identity theft. He explained that the shape of these cards is almost similar to the debit card, credit card or ATM cards. These members set up an encoding device within the card swipe machines so that when a card is swiped, the entire digital information of the card is loaded into the device.

Source: Dhaka Tribune July 15, 2017 20:03 UTC