LOS ANGELES : Suspect in Global Credit Card Fraud Ring Seized
A man considered by agents to be responsible for more than 25% of the worldwide counterfeit credit card frauds and linked to Southern California is in custody, the Secret Service announced Thursday.
Tam Wai Keung was arrested in Miami on Jan. 28, said Clint Howard, special agent in charge of the Secret Service’s Los Angeles office. Agents also arrested a suspected accomplice, Sun Keung Cheung, in Miami that day, Howard said.
On Feb. 1, agents served four search warrants in Alhambra, Monterey Park and Hacienda Heights, and seized “tens of thousands of dollars in cash, which were proceeds derived from Tam’s organization’s use of counterfeit credit cards,” Howard said.
Agents also seized equipment and other paraphernalia used in manufacturing counterfeit credit cards and holograms, along with “account numbers belonging to unsuspecting victims throughout the world,” Howard said.
As agents served the warrants in Los Angeles County, officials in Hong Kong served search warrants at more than 70 locations there and in Macau. They later closed counterfeit credit card manufacturing plants there and seized related items, Howard said.
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