Fraudulent credit card deals caught on film
BBC reveals stolen credit card offers in India
Journalists have secretly filmed a deal where the details of British credit card users were sold for fraudulent purposes in India.
A team from BBC News travelled to the country to meet a man who had access to the credit card details of UK citizens, which he said had been obtained from call centres.
The journalists pretended to be fraudsters and bought the information from a man named Saurabh Sachar for $10 a card.
Many of the entries the team was sold were incorrect, although one in seven had accurate names, addresses and credit card numbers, meaning they could be used to defraud the cardholder.
"We don't yet have a dedicated legislation on data protection," Indian lawyer Pavan Duggal told the broadcaster.
"Until such times as India comes across with strong stringent provisions on data security, we will have instances like this keep on happening."
The latest figures from payments association Apacs show that credit card fraud is on the increase, with telephone-based transactions one of the main growth areas.
Published: 24 March 2009
- What protections do credit cards offer (besides Section 75)? – Section 75 is a well-known credit card protection, but it's not the only one. Here are some lesser-known defences ...
- Equifax reveals millions affected in data breach – Millions of records were accessed and hundreds of thousands are at high risk after the Equifax data breach ...
- Equifax suffers major breach - are you affected? – A breach at Equifax exposed details of millions of US consumers - and some UK consumers. Here's what you need to know ...