Chennai police suspect Malaysian link in credit card fraud

CREDITCARD-FRAUD
Chennai police suspect Malaysian link in credit card fraud

Chennai, Oct 15 (PTI) The southern city police are
probing an alleged Malaysian link in a credit card fraud that
has come to light with the arrest of two persons.

K Shanawaz and Shanmuga Balaji, residents of the city,
were arrested recently for purchasing LCD TVs costing a few
lakhs using fake credit cards and selling them through some
persons, police said Thursday.

Police said they suspect that the mastermind behind
the fraud could be based in Malaysia and were investigating in
this direction.

They have advised traders to seek some alternative ID
proof for credit card purchases involving "exorbitant
amounts."

Though credit cards are now equipped with photograph
of the holder, traders could still seek other ID proof such as
Driving License or passport, Police Commissioner T Rajendran
told reporters.

"They can even ask the buyer to name some acquaintance
while accepting credit card payment involving exorbitant
amounts, say even over Rs one lakh," he said. PTI SA
ANU