May 7, 2019 • Latest ERAD News
The Electronic Recovery and Access to Data (ERAD) Prepaid Card Reader is currently being used by state and local law enforcement in 48 states, by federal law enforcement agencies, and by international law enforcement agencies. Law enforcement officers use the ERAD Prepaid Card Reader to determine if suspicious cards -- bank credit and debit cards, retail gift cards, library cards, hotel keys, even magnetic-striped metrorail cards -- are loaded with funds -- and then freeze those funds to allow time to determine if the funds are from criminal activities.
“This has been a very successful program for DHS S&T,” explained S&T Program Manager Bill Deso. “Prior to ERAD, law enforcement officers had no way to quickly obtain information about the stacks of suspect cards they routinely observed during their daily activities. Now, law enforcement officials can swipe cards and put a temporary hold on the funds until a full investigation may be completed.”
“This past year, we had a case that included 19,000 card numbers, that number was too much for us to be able to physically process,” explains Detective Vince Porter of the Fairfax County (Virginia) Financial Crimes Unit. “With ERAD, we were able to run all the numbers through the desktop application. ERAD then provided a detailed report on the status of each card and which banks had been victimized by the suspects in the case.”Read More