The Hague. Officials bust a European syndicate Friday responsible for the large-scale forgery of credit cards, arresting five people in Italy and two in Greece, policing agency Europol said, AFP reported.
"The perpetrators skimmed and cloned credit cards, originating from countries all over Europe," it said in a statement.
"The data was then utilisedproduce counterfeit payment cards which were subsequently used for illegal cash withdrawals and payments in Greece and Italy."
The syndicate is believed to have siphoned off more than one million euros (1.5 million dollars), said the statement.
Investigators dismantled a counterfeit card production site in the Italian city of Livorno.
"The operation can be considered as a great success since this significant criminal group, producing and using counterfeit payment cards, was disrupted from the bottom up," said Europol director Max-Peter Ratzel.
The operation, dubbed "Plastik", was carried out by Italian policing agencies and Europol.
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