Sentenced: German engineer modified card terminals for criminal gangs

A German electronics engineer has been sentenced at the Old Bailey to three years in prison for committing various offences including skimming fraud. The 26-year-old assisted organised criminal networks by adding skimming components to PIN Entry Devices (PEDs) that had been stolen from retailers across Europe. Once returned to the retail outlet, the compromised PEDs harvested magnetic stripe and PIN data that the criminals could conveniently retrieve via Bluetooth from within a radius of 100 meters of the device – without ever having to go back into the shop. The criminals brought the stolen devices to the UK for modification.

Full Article

37 notes

  1. ataferner posted this