Police bust underground bank in Macau

Macau’s Judiciary Police (PJ) have arrested 21 mainland Chinese suspects for using illegal POS terminals to withdraw cash from bank accounts in Mainland China, local media reports.

The criminal group behind the illegal card-swiping scheme reportedly applied for POS machines in China and modified them for use in Macau.

According to the bank card’s company information, the suspects swiped a total of MOP1.2 billion (US$148.6 million) using the machine.