NBI arrests credit card scam ‘pioneers’

By , on April 29, 2015


Shutterstock photo
Shutterstock photo

MANILA — A 65 year-old-woman believed to be the pioneer of the credit card scam in the Philippines was arrested by the National Bureau of Investigation (NBI).

Five people and 90 credit and debit cards were seized during the raid, according to the NBI.

The woman identified as Leticia Zapata Laririt owned the house that was raided in Heroes Hills subdivision in Quezon City.

“Laririt could have pioneered the credit scam in the country based on the long years of their racket that enabled her and her family to buy real properties,” Vic Lorenzo, executive officer of the NBI Cyber Crime Division said in a phone interview with the Philippine Daily Inquirer.

He said that Laririt’s team operates in a method similar to identity theft.

Stolen credit cards were sold to the syndicate by postal couriers, according to the NBI.

“The stolen cards could be renewed or new cards could be activated. The syndicate had mastered the method and had earned millions from the scam,” Lorenzo said.

Meanwhile, Salde Deinlay, Lozano Sabrina, Lacandalo Eric Vincent, Ma. Cecilia Bautista and Archie Lou Abacan were also arrested during the raid.