A Stockport-based plumbing merchant has been sentenced to two years in prison today at Manchester Crown Court, after being found guilty of using stolen card details to commit over £75,000 worth of fraud.
Mubashir Tariq, 26, of Gorton Road, Stockport, was found guilty of three counts of fraud and two counts of converting criminal property. His father, Muhammed Saddiq, was discharged due to poor health.
The pair obtained a Chip & PIN terminal for a discontinued business called Reddish Plumbing Supplies and then used it to process several high-value fraudulent payments using compromised card details. A total of £75,600.50 of fraudulent transactions were made between 24th and 31st July 2015. After the funds were credited to their business account they were either immediately utilised to settle debt or to withdraw cash. Another £46,850 of attempted fraud was successfully prevented. All victims were refunded.
When questioned about some of these transactions, both Mubashir Tariq and his father claimed they were genuine sales of plumbing supplies and provided fake invoices for Reddish Plumbing Supplies to that effect. However, the address listed for the company was later found by police to be locked up and shuttered, with no evidence that the premises had been recently used for business purposes.
The fraud was spotted by internal investigators at Barclaycard, who managed to track down and seize the Chip & PIN terminal being used for the fraudulent transactions at the premises of Plumb It All, a plumbing company of which Mubashir Tariq is the managing director.
The case was then referred to the Dedicated Card and Payment Crime Unit (DCPCU), a specialist police unit sponsored by the finance industry which targets fraudsters. DCPCU officers later searched the premises of Plumb it All & Reddish Plumbing Supplies finding no evidence of the alleged sales.
Detective Constable Matt Cornell, who investigated the case for the DCPCU, said:
“This criminal thought he could get away with defrauding innocent victims of life-changing sums of money. Fortunately, this fraud was quickly spotted and he is now facing justice.
“This sends a strong message to would-be fraudsters that they will be caught and punished.”
Notes to Editor
- For more information, please contact the DCPCU press office on 0207 416 6750 or firstname.lastname@example.org
- The Dedicated Card and Payment Crime Unit (DCPCU) is a unique pro-active police unit, with a national remit, formed as a partnership between UK Finance, the City of London Police and the Metropolitan Police together with the Home Office. It is fully sponsored by the cards and banking industries, with an on-going brief to investigate, target and, where c, arrest and seek successful prosecution of offenders responsible for card, cheque and payment fraud crimes. It is headed up by a Detective Chief Inspector and comprises officers from the Metropolitan and City of London police forces who work alongside banking industry fraud investigators and support staff. Established in April 2002.