Man jailed over fraud technology Chip And Pin

darkangel

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An international computer whizz-kid was jailed today after trying to bring new bank card scamming technology into Britain.

German Thomas Beeckmann, 26, was stopped in June at Victoria coach station having just arrived from Holland.

Police found 17 electronic circuits capable of stealing £150 million a year from chip and PIN machines.

Caroline Haughey, prosecuting, told the Old Bailey three of the devices had already been adapted to be used with bluetooth.

It meant that for the first time crooks could automatically get banking details as cards were fed into ATMs at banks or during purchases at stores.

The crook would receive the details on to his laptop or mobile phone up to 100 metres away, she said.

Beeckmann was thought to have been on his way to demonstrate the technology to potential buyers in the UK.

But he had refused to give investigators the password for his encrypted laptop which prevented finding further evidence to charge him with more serious offences.

Miss Haughey said: "This is a new level of sophistication because of the remote control capability."

Beeckmann had adapted his circuits for use in shops. "One could easily achieve £25,000 a day. The figures could be astronomical," she said.

Beeckmann, a software expert living in Thailand, pleaded guilty to having the 17 circuits for use in fraud and failure to disclose his password.

He was jailed for a total of three years.

Judge Anthony Morris told him: "It seems to have been a dummy run.

"This equipment showed levels of sophistication not previously seen by investigators in this country."

Outside court, Detective Inspector Steve Wilkinson said: "It is a constant battle by criminals to beat new security systems.

"Beeckmann is a top engineer and he is at the cutting edge."

PA

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Sounds quite interesting, perhaps this is involving programming chip cards?
 
so were they able to copy the chip info as well with the new devices? Interesting stuff!
 
Chip and pin was broken yrs ago and people are working with it. just google it :)
 
encrypted laptop which prevented finding further evidence to charge him with more serious offences
due to this nature how encrypted helps ,,
 
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Should of used a hidden operating system on truecrypt 1 less charge to his name.
 
Please note, if you want to make a deal with this user, that it is blocked.
I really can't wait for the chip to be broken. If chip starts in the United States, it will definitely be broken.
 
There already are ways to do so, such as man in the middle attacks etc
 
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