By Euro Weekly News Media • 01 February 2018 • 10:05
NATIONAL POLICE in Spain have arrested two people for allegedly installing bank card cloning equipment on cash machines and stealing details to make fraudulent withdrawals.
It is claimed the criminals tried to withdraw more than 300,000 euros with the information they collected.
Police believe the pair installed cloning devices on 23 cash machines and tried to make almost 2,600 fraudulent withdrawals.
It is alleged they installed electronic devices on cash machines that consisted of a ‘reading mouth’ that recorded information from the cards magnetic strip and a micro camera to record the PIN number punched into the machine.
Later the information was downloaded to blank cards with which they made cash withdrawals in banks in Spain, the US, Peru and Honduras.
However, the work of the National Police and the banking security systems frustrated more than 80% of cash withdrawals.
The two Bulgarians were arrested in Madrid and Toledo along with bank cards and ‘skimming’ equipment including magnetic strip readers and recorders and computer equipment.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you donâ€™t already have one. Review our
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Download our media pack in either English or Spanish.