Hong Kong police arrested two suspected members of a syndicate using fake credit cards to buy goods that they later sell for cash.
The suspects, aged 21 and 23, were arrested in Sheung Shui and Fan Ling, Sky Post reported on Wednesday.
Seized from the suspects were 37 fake credit cards, along with card makers and card readers. Police expect to make more arrests.
A senior inspector at the Tai Po Police District’s organized crime bureau said investigation began after they received information in May about the syndicate’s operations.
Investigation showed that the group used genuine cardholders’ information purchased from employees of some restaurants and shops for HK$2,000 (US$258) each. They then encoded the data into credit cards bought from the mainland.
Police are still trying to find out how much losses retailers and cardholders have incurred from the gang’s operations.
Last week, the Mandarin Oriental Hotel Group revealed that a cyberattack targeting clients’ credit card information between June 2014 and February 2015 affected some of its branches, including Mandarin Oriental Hong Kong and The Landmark Mandarin Oriental Hong Kong.
However, there is no evidence so far that guests’ personal and credit card data has been acquired or misused, the company said.
The Office of the Privacy Commissioner for Personal Data said it is closely monitoring the case.
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