This is a skimmer device used in ATM machines to steal magnetic strip data. Chao is a fraudster who is selling these skimmers in the underground black markets.
Cybercrooks selling ATM skimmer which is used to copy electronic data of an ATM card. These skimmers costs around $5k-8k.They make a duplicate magnetic strip using a device called MSR206 (Magnetic Strip Recorder). The black device is the ATM Skimmer and white one is MSR.You also can see the blank plastics in the video
(Posted by OnlineGuards.com) Cyber crooks selling stolen credit cards, Paypal accts,ebay accts, Bank accts and other ecommerce logins in a forum. There are around 50 such forums on the web.If you wish to learn more about these identity theives, you can read the topics on our website www.onlineguards.com
Identity thieves trade the stolen credit card information and bank account details obtained by Phishing scams and other scams in these forums. These underground markets are also known as carding forums. For more information about fraudsters and innovative scams, check the topics on our website.