Vaughan
August 15, 2008 02:00 PM
By: Keely Grasser, Staff Writer
A man faces 11 fraud and forgery charges in what police are calling an industrial-scale credit card forgery lab in Vaughan.
A Toronto Police Service investigation yielded 217 ATM card reader overlays — devices that could be attached to bank machines to intercept card information and PINS — at 27 Roytec Rd.
The overlays were in various stages of completion.
The facility had moulding equipment, electronics, a paint shop, a circuit board constructing station and was stocked for continuous production, according to police.
Computers seized from the site are still being examined and are believed to contain thousands of credit and debit card data numbers.
Peytcho Peev, 41, of Vaughan faces a slew of charges including one count of conspiracy to commit indictable offence, five counts related to making or possessing forgery devices, four counts of fraudulently possessing credit card data and one count of exposing counterfeit mark.
Mr. Peev’s arrest is in connection to an earlier investigation in York Region in which four Vaughan residents and one Richmond Hill man were arrested.
The others were arrested in June in a joint OPP, Toronto, York, Peel, RCMP and Canadian Border Services investigation.