Bank-card crime faces nationwide crackdown
Source: Xinhua |
November 19, 2009, Thursday
|
Print Edition
Print Edition
THE People's Bank of China and the Ministry of Public Security would carry out a nationwide crackdown on bank-card crimes in 2010, the central bank said yesterday.
The crackdown would last 10 months, starting from January 2010, the central bank said on its Website.
In the first eight months of 2009, public security departments placed on file 6,362 bank-card fraud cases, doubling the number of the same period last year. The cases involved 440 million yuan (US$64.4 million), an annual rise of 138 percent.
Bank-card crimes were commonly committed by making overdrafts from credit cards under fake names, and stealing and selling credit- card information, according to an official with the ministry.
The official also said the Internet had become a "hotbed" for credit-card crimes.
The central bank and the ministry established an organization to investigate bank-card crime in June.
The organization would step up efforts to start a mechanism on enhancing bank-card risk management, set up an information-sharing forum of bank-card cases, and raise card users' awareness on protecting their card information, an official with the bank said.
The crackdown would last 10 months, starting from January 2010, the central bank said on its Website.
In the first eight months of 2009, public security departments placed on file 6,362 bank-card fraud cases, doubling the number of the same period last year. The cases involved 440 million yuan (US$64.4 million), an annual rise of 138 percent.
Bank-card crimes were commonly committed by making overdrafts from credit cards under fake names, and stealing and selling credit- card information, according to an official with the ministry.
The official also said the Internet had become a "hotbed" for credit-card crimes.
The central bank and the ministry established an organization to investigate bank-card crime in June.
The organization would step up efforts to start a mechanism on enhancing bank-card risk management, set up an information-sharing forum of bank-card cases, and raise card users' awareness on protecting their card information, an official with the bank said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
