31 Jul '11, 4am

Credit card mail theft on the rise in Singapore #Singapore

Credit card mail theft on the rise in Singapore #Singapore

More credit and debit cards sent through mail are getting stolen over the past two years. (AFP) More credit and debit cards sent through the mail are getting stolen while on their way to the target recipients, according to retail bankers. Speaking to The Sunday Times anonymously, one banker said he has observed a 20 percent increase of such cases this year compared with last year. Another banker noticed that card mail thefts started to increase sharply last year as well. From the start of this year alone, one bank officer estimated that some 200 bank cards have been stolen in the mail. Just recently, eight bags of mail were stolen from a SingPost mail transit room in Choa Chu Kang on 20 July. Usually after the cards, both new and replacement ones, had been sent from the central post office to the different regional mailrooms around Singapore, the thieves would strike. Some...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/credit-card...

Tweets

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