Target Credit Card Fraud Case Leads To 2 Arrests At Texas Border [View all]
Source: Huffington Post
McALLEN, Texas (AP) Account information stolen during the Target security breach is now being divided up and sold off regionally, a South Texas police chief said Monday following the arrest of two Mexican citizens who authorities say arrived at the border with 96 fraudulent credit cards.
McAllen Police Chief Victor Rodriguez said Mary Carmen Garcia, 27, and Daniel Guardiola Dominguez, 28, both of Monterrey, Mexico, used cards containing the account information of South Texas residents. Rodriguez said they were used to buy tens of thousands of dollars' worth of merchandise at national retailers in the area including Best Buy, Wal-Mart and Toys R Us.
"They're obviously selling the data sets by region," Rodriguez said.
Garcia and Guardiola were both being held Monday on state fraud charges. It was not immediately known whether they had retained lawyers.
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Read more: http://www.huffingtonpost.com/2014/01/20/target-credit-card-fraud_n_4634303.html
All of this would have been avoided had our banks spent the extra money and got the computer chip embedded cards like they have in Europe. Our banks and retailers didn't want to spend the extra money and since our politicians can't get elected these days without major corporate contributors, we won't have laws forcing them to protect their customers anytime soon. Overturn Citizens United now.