An elaborate fraud syndicate allegedly masterminded by a Sydney man has been brought down, after millions of dollars were spent using more than 1,200 fake credit cards, the Australian Associated Press reported.
Personal information was stolen from card holders in Australia, Malaysia, Spain, and Britain, then allegedly used by the syndicate to manufacture fake credit cards, Aussie Medicare health cards and driver’s licences in Australia.
[…]
Tony Hancock, 53, from Strathfield in Sydney’s west, is facing 20 charges over the alleged syndicate including dishonestly obtaining and dealing in personal financial information, conspiracy to cheat and defraud, and knowingly dealing with the proceeds of crime.
Identity information allegedly gathered by Hancock was given to Foong Kha Weng, 35, from Potts Point in Sydney, who used specialised equipment to produce fake credit cards and Medicare cards which were returned to Hancock, police said in documents tendered to the court.
Read more on Bernama.com.
Also facing charges in conjunction with the ring are: Quoc Du Hua, Yung Feng Yun,Henley Han, and an unnamed woman and an unnamed man.