Sunday, February 3, 2013

THE DARK TRAIL OF ANONYMOUS PREPAID CARDS BEGAN IN GIBRALTAR - UPDATED WITH CARD PHOTOS

Several readers have, after reading last week's article, "Alert for Distributor of Anonymous Prepaid Cards in Panama", asked how an unlicensed entity could have been able to create, and manage such an illicit enterprise. The operators, who sold what are referred to as "metal cards*," violated every compliance principle in the book. How did they get started in the first place ? Read on.

The anonymous stored card scheme utilised a clever multinational pipeline to evade regulators and law enforcement agencies;

(1) The corporation, which was formed in Gibraltar, obtained Principal Issuer Licenses from MasterCard and Visa. It is not a bank, but a seemingly legitimate financial services business, albeit one whose sole purpose is to as as a vehicle through which to gain entry into the global card payment structure.


(2) The Gibraltar company then sponsored a UK entity with the two credit card giants. Again, no local laws were violated

(3) The UK entity then distributed anonymous cards in the Republic of Panama, notwithstanding that it had no license to do so, nor was it properly registered in the jurisdiction.

Note that these are NOT the types of cards that are reloaded by users whose names are imprinted upon the face of the cards. These are blank cards, with no identification thereon. Sometimes referred to as "white cards," they can traverse most international frontiers without violating local laws on currency movement. Large amounts of funds are "topped off," as they say in Gibraltar, meaning that funds are uploaded prior to their delivery. Again, absolutely no Customer Identification or Source of funds enquiries are ever conducted. The user can take his or her criminal proceeds anywhere in the world and redeem the value, again without a paper trail. Billions of dollars in illicit funds, originating in Venezuela, Colombia and Mexico, have been adroitly and safely placed, using the anonymous stored card.

Look at the advert below:

"Does not require identification"
"No application and no credit check"
"No bank account required"
"Chip and PIN security"
"Accepted at more than 25m establishments"
"Purchase securely on the the Internet"






One client mentioned to me his story about moving into a suite of offices in Bermuda, and finding a large cardboard box on the floor, obviously left behind by a prior tenant. It was full of redeemed prepaid cards; obviously someone needed to covertly move funds, and knew that the transport of prepaid or stored value cards leaves no financial footprint. That is just the tip of the iceberg, for most experts now feel that stored value cards have, in many cases now replaced bulk cash smuggling,

Unfortunately, the Panama situation is soon be get worse. The individual I named in the article I mentioned above, and his partners. have actually formed a card processing company there. This entity will allow them to directly process, and redeem, the value from prepaid cards, through the actual financial pipeline of the credit card companies, again without checking on Source of Funds.

Apparently, it is all being facilitated through the offices of a  senior corrupt card company executive in Central America, who is reportedly being amply compensated for vouching for the criminal organisations that are in the anonymous prepaid card scheme. There appear to be several international law enforcement investigations in progress regarding the issues I have discussed, and expect an additional article with details shortly on this blog.
____________________________________________________________________________
*The number on the reverse of the card you see above is NOT a PIN number;  it is the user's personal account number, so that he or she can top off the card anywhere. The bank where the cash is on deposit is not identified, nor is it known to me at this time.




41 comments:

  1. I guess this blog is perfectly incomparable.
    free-credit-report.net

    ReplyDelete
  2. The Info in the blog is out of this world, I so want to read more. credit people

    ReplyDelete
  3. I love all details that you give in your articles.
    get more info

    ReplyDelete
  4. The stuff written in the blogs have allured me!!! lexington law review

    ReplyDelete
  5. Thank you so much for such a great blog.
    best credit repair

    ReplyDelete
  6. I knew this blog post was existed someplace. Thanks to post such articles. Will unquestionably be using it very soon.
    pay advance loan

    ReplyDelete
  7. lexington law reviewExcellent quality articles are here. This is good site with useful info.

    ReplyDelete
  8. Excellent quality articles are here. This is good site with useful info. www.creditrepair.com reviews

    ReplyDelete
  9. This comment has been removed by the author.

    ReplyDelete
  10. Prepaid Credit Cards is essential things today to everyone. Online things increase value of credit cards more.

    ReplyDelete
  11. Thanks for sharing such a great and informative post with all of us. networking groups

    ReplyDelete
  12. This comment has been removed by a blog administrator.

    ReplyDelete
  13. This comment has been removed by the author.

    ReplyDelete
  14. I knew this blog post was existed someplace. Thanks to post such articles. Will unquestionably be using it very soon.

    best prepaid credit card

    ReplyDelete
  15. Sure this is quite wonderful! That’s why this gives the enhanced quality of information. payday advance garden grove blvd

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. Thanks for the FANTASTIC post! This information is really good. Please Visit:
    Compare prepaid credit cards
    Top 10 prepaid credit cards

    ReplyDelete
  18. Your composing is purely awe-inspiring that I desired to read such high quality material... business credit builders

    ReplyDelete
  19. Brilliant details you have kept in your article, I am truly impressed. loan

    ReplyDelete
  20. Thanks for sharing this great. Keep sharing more useful and conspicuous stuff like this. travel money cards comparison

    ReplyDelete
  21. This comment has been removed by the author.

    ReplyDelete
  22. Very nice, all info in this blog very useful, we are also lead..

    http://goo.gl/q0xvla

    ReplyDelete
  23. This is my destiny to visit this site and got the necessary details here that are also in quality. cash advance

    ReplyDelete
  24. Thanks for writing such amazing blog; otherwise I had been frustrated from other blogs. payday direct lenders

    ReplyDelete
  25. Really thought provoking post! Quite interesting things and have enjoyed immeasurably. Thanks payday loans

    ReplyDelete
  26. Gabriel Houston Certified ATM HACKERS of the Email Address: (
    houstonorgatmhackers@gmail.com). It’s at it again! Cool way to have
    Financial Freedom!!! Are you tired of living a poor life, and then here is
    the opportunity you have been waiting for. Get the New ATM Blank Card that
    can hack any ATM Machine and withdraw money from any account. You have to
    be smart to make use of this programmed card; you and I know that it’s
    illegal. It has a special feature, that makes the machine unable to detect
    the card, and its transaction is untraceable. You can use it anywhere in
    the world. With this card you can withdraw nothing less than $3,500 in a
    day. So to get the hacker contact via email address:
    houstonorgatmhackers@gmail.com

    ReplyDelete
  27. williams david Certified ATM HACKERS of the Email Address LUCKYTECHATMHACKERS@GMAIL.COM). It’s at it again! Cool way to have
    Financial Freedom!!! Are you tired of living a poor life, and then here is
    the opportunity you have been waiting for. Get the New ATM Blank Card that
    can hack any ATM Machine and withdraw money from any account. You have to
    be smart to make use of this programmed card; you and I know that it’s
    illegal. It has a special feature, that makes the machine unable to detect
    the card, and its transaction is untraceable. You can use it anywhere in
    the world. With this card you can withdraw nothing less than $3,500 in a
    day. So to get the hacker contact via email address:
    LUCKYTECHATMHACKERS@GMAIL.COM]

    ReplyDelete
  28. Hi everyone i once came across a blog about ATM hacking and how hackers have designed a means to withdraw money which is actually very safe to use. It came to a point when my pay cheque became so small that i needed extra cash and i was being skeptical about obtaining this card until a friend of mine Kim who has being using it for quite some time now and showed me a house which she had bought all from the proceeds of this card and i was really in awe and made contact for it via startechblankatmhackers@outlook.com and all i had to do was pay some amount for the card and its delivery to my address and in less than 6 days it arrived and boom i tested it to be very sure and behold i took out some good money. I am not here to tell you of its benefits cos thats self explanatory we all need some good money am only here to lead those in actual need of this card to the right source and waste no more money on some illegitimate company all in a bid to get the card. Contact startechblankatmhackers@outlook.com today and enjoy the best of trusted and transparent services.

    ReplyDelete
  29. Thanks to all of these advanced features,EXPLANATION OF HOW THESE CARD WORKS..........
    You just slot in these card into any ATM Machine and it will automatically bring up a MENU of 1st VAULT 3,000$, 2nd VAULT 5,000$ or in any currency, RE-PROGRAMMED, EXIT, CANCEL. Just click on either of the VAULTS, and it will take you to another SUB-MENU of ALL, OTHERS, EXIT, CANCEL. Just click on others and type in the amount you wish to withdraw from the ATM and you have it cashed instantly... Done. ***NOTE: DON'T EVER MAKE THE MISTAKE OF CLICKING THE "ALL" OPTION. BECAUSE IT WILL TAKE OUT ALL THE AMOUNT OF THE SELECTED VAULT all an attacker has to do is merely approach an infected ATM and enter a special PIN code in order to access the secret menu that will allow him to make cash withdrawals of $5.000 or control the trojan (for example, to delete it). To make a withdrawal the person has to know the appropriate commands, as well as a special formula that will calculate a session key — some kind of a two-factor authentication. If both codes are correct, then a second menu will appear that allows the criminal to choose the cassette number and make a withdrawal. Although one can only dispense 40 banknotes per transaction, it’s possible to dispense any amount of money by simply performing the actions several times over.WE MUST TAKE IT BY FOES WE FAITH ALL THINS ARE
    PASSABLE MY EMAIL [frankharry19@gmail.com]
    MY PHONE NUMBER +447031953589 or +2347065058458

    ReplyDelete
  30. It’s my fortune to go to at this blog and realize out my required stuff that is also in the quality.stopcreditfraud.org

    ReplyDelete
  31. I don't see how there can be too much crime involved with pre paid credit cards, unless they're being stolen and uses illegally.

    ReplyDelete
  32. I read your blogs regularly. Your humoristic way is amusing, continue the good work! cash advance

    ReplyDelete
  33. My name is Ana Paul and i have been in debt and got few properties at risk because i used them as a collateral for a loan and i was unable to pay back but my friend told me how she used the ATM blank card and how she became rich automatically and i requested for it and so she gave me the email on how to get the ATM blank card. I contacted them and at first i thought it was a joke. They sent me the card and they instructed me on how to use it and With the help of this hacking group and their service i’ have been able to clear all my debts over $75000. Am rich now and their cards are good and working well. Contact them now if you really want to be rich. Here is their email: Toluperfecthackers@hotmail.com

    ReplyDelete
  34. EXPERIENCED HACKER FOR HIRE.....WE SPECIALIZE IN HIGH GRADE UNLOCKING,PHONE TRACKING,DATABASES HACK,CODE ENCRYPTION,UNTRACEABLE IP,WEBSITES HACK,BANK TRANSFERS,CREDITS CARD HACK,CLEARING OF CRIMINAL RECORDS,EMAIL ADDRESS HACKING,COMPANY RECORDS HACKING. WE CAN EVEN PUT YOUR NAME IN THE KINGDOM OF HEAVEN.
    CONTACT ASAP ON hackass099@gmail.com
    SERIOUS MINDED PEOPLE SHOULD CONTACT....
    EXPERIENCED HACKER FOR HIRE.....WE SPECIALIZE IN HIGH GRADE UNLOCKING,PHONE TRACKING,DATABASES HACK,CODE ENCRYPTION,UNTRACEABLE IP,WEBSITES HACK,BANK TRANSFERS,CREDITS CARD HACK,CLEARING OF CRIMINAL RECORDS,EMAIL ADDRESS HACKING,COMPANY RECORDS HACKING. WE CAN EVEN PUT YOUR NAME IN THE KINGDOM OF HEAVEN.
    CONTACT ASAP ON hackass099@gmail.com
    SERIOUS MINDED PEOPLE SHOULD CONTACT....

    ReplyDelete
  35. This comment has been removed by a blog administrator.

    ReplyDelete
  36. This comment has been removed by a blog administrator.

    ReplyDelete

Note: Only a member of this blog may post a comment.