Seven people have been arrested in Sydney and Melbourne over a
scam involving the manufacture and distribution of more than 200
fraudulent credit cards a week.
The Identity Security Strike Team (ISST) said that more than
1200 credit card numbers have been involved in the scam since March
2009 which have been used to purchase about $500,000 worth of items
every week, a total of $6m to date.
As the risk of credit card fraud continues, Ukash, which offers
shoppers a safe way to shop, pay and play online using cash, is
encouraging customers to be aware of the dangers of using credit
cards online.
Mark Chirnside, CEO of Ukash, explained, "The risk of online
identity theft is still high and if customers' credit card details
are stolen they could potentially lose thousands of dollars. By
using alternative payment methods, such as Ukash which allows
online shoppers to use cash online, consumers can limit liability
and protect their details.