New Delhi, Nov. 12 -- A credit card cloning case recently came to light in Kolkata, where a fraudster was caught defrauding a genuine card customer of Rs.11.86 lakh.
The fraud was perpetrated against only one person, who was induced into handing over his credit cards to the alleged scamster.
This could be a one-off case and it does not happen too often. However, this serves as a reminder to all the card users to remain safe.
For those who are not aware, card cloning is the process of creating a duplicate card by copying the data from the magnetic stripe of a legitimate card into a blank card.
Once cloning is complete, the cloned card can be used to carry out transactions as if it were the genuine card.
I. Protect your PIN and card de...
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