High Balance Cloned Card

The most common form of card cloning is known as “skimming” and generally works like this:

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1. Criminals install a “skimmer” – a credit card cloning machine that secretly reads and copies card information – in an ATM or point-of-sale terminal.
2. A customer’s card is fed through the card reader on the ATM or POS device (to facilitate the transaction) and the skimmer (to copy the card’s information).
3. The criminals retrieve the information copied by the skimmer.
4. The criminals can then use the stolen information as-is to commit fraud, copy it to a fabricated or stolen card (i.e. card cloning), and/or sell it on the black market.