• Kyodo

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At least several hundred million yen may have been withdrawn from ATMs in Japan using counterfeit Chinese UnionPay cards, with four Taiwanese men arrested in connection with the fraud over the past six months, a source at a major Japanese bank said Thursday.

UnionPay cards are widely used among Chinese people to make purchases. Cash withdrawals using fake UnionPay cards have been reported at numerous Japanese banks, leading police to suspect the involvement of an overseas crime ring.

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