Card skimming fraudster to pay back just £1

colchester

A Romanian fraudster who ran an international card ‘skimming’ scam from his garden shed will have to pay back just one pound of his £1.3 million profit. Ionel Baluta, 34, built magnetic strip readers which could be fitted to cash machines, ticket machines and petrol station pumps from New York to Vietnam. He was jailed for six years and eight months for his part in the £3m fraud in December 2016. Baluta returned to Blackfriars Crown Court for a confiscation…

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