Canadian law enforcement uncovered a huge stash of fake credit cards which appear to be very elaborate. The picture provided by the police (attached) is small but you can still see the fake credit cards good enough to see they have holograms and everything. It looks like they even counterfeited the Citi and HSBC logos exactly on a few of them. These were supposedly manufactured by the Canadian fraud ring and fifty or so were found along with an arsenal of weapons.
You hear about credit cards that are reprogrammed/reflashed sometimes in the news but rarely do you ever hear about fake credit cards that are manufactured by the criminals. I don't even know the last time I saw a news story about fake credit cards being produced by the criminal. Being that many stores allow the customers to swipe their debit card or credit card themselves, I would think that it would be rather easy for these crooks to pass these cards for real if they were never held or examined by the cashier.


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