A credit card fraud syndicate mastermind has been jailed 32 months by the District Court for fraud and possession of false instruments.
In December 2006 a credit card company told Police that somebody used false documents to apply for credit cards.
The 28-year-old man was arrested in Sham Shui Po on January 9. Thirty-seven credit cards with different customer names and other suspected false documents were found at his home. A computer and a printer were also seized.
Investigations revealed that the syndicate used false documents and other people's details to apply for credit cards that were used and caused losses of $650,000.
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