Big racket in cloning of ATM cards spreading tentacles
   Date :12-May-2019

 
 By Ashish Rajput:
 
A big racket is engaged in cloning of banking cards with the help of technology invented in China n This Chinese software is easily available on internet with complete tutorial to train persons for forgery
 
 
 
People must beware while swiping banking cards as somebody is spying on their cards. A big racket is engaged in cloning of banking cards with the help of technology invented in China. This Chinese software is easily available on internet with complete tutorial to train persons for forgery. Banking card cloning emerged on the international market and several other countries are facing the threat of banking cyber crime. The technology invented in China along with MCR200 software (Magnetic Stripe Card Reader) is easily available on online trading sites.
 
 
Competent authorities are yet to take initiative to check the illegal use of advanced technology in cyber crime and apprehending the masterminds of such rackets. Irony is the fact that a large number people are losing their hard-earned money every day throughout the country. The victims of such cases are running pillar to post and lodging complaints at bank and police station, but could not get their single pie refund and masterminds of banking card cloning are continuing their fraudulent practice. It was a major breakthrough for Omti police in Jabalpur as its alert cops trapped three members of the racket from Pratapgarh in Uttar Pradesh. Police seized a large number of banking cards and other accessories from them. It is the first time when members of this racket have been trapped in the State.
 
 
SHO of Omti police station, Neeraj Verma, while talking to ‘The Hitavada’, informed that, the miscreants had purchased software MCR200 at the rate of Rs 1 lakh from unidentified persons. They used spy camera mobile application for obtaining 16-digit banking card number of 4-digit secret code at ATM centres and immediately forward it to their another accomplice, who sits at another place with a laptop to prepare clone of banking card. Police took the miscreants on remand for obtaining more information about their network. Several more persons will be trapped very soon.
 
The maker of this software has enabled specific features only for India to access the banking cards of State Bank of India (SBI) to target its largest number of customers in the country. Several other accused belonging to this network have been apprehended in different states, but masterminds of banking card cloning racket are still untouched and operating their nexus in the country.