How Fraudsters Make Fake Credit Cards
There’s many ways your credit card can be stolen and exploited, but this is one of the more sophisticated: In this WIRED video, Detective Bob Watts of Newport Beach Police Department shows how crooks take your credit card numbers they steal off the internet and turn a blank plastic card into something they could swipe through a Best Buy scanner or plunk down at a fancy restaurant, complete with holograms and embossing. Using these techniques, one criminal ring racked up over a $1 million in fraud before they got busted.
RELATED: One Hacker’s Audacious Plan to Rule the Black Market in Stolen Credit Cards [WIRED]
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