}

Newsroom

The latest ERAD innovations and real-world success stories.


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.”

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Smith County Texas Commissioner’s Court approves ERAD

April 18, 2019 • Latest ERAD News

KLTV

On April 18, 2019 the Commissioner's Court in Tyler, TX unanimously passed a request from the criminal district attorney to partner with ERAD GROUP.

“What we’ve noticed with our sophisticated criminals, especially our gas pump skimmers and organized crime, is that they’re not moving money in cash anymore, they’re moving it in digital currency,” said Jacob Putman, the Smith County criminal district attorney.

According to Putman, ERAD is the only company in the United States with this technology.

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Pre-paid cards, the criminal global currency

October 30, 2017 • Latest ERAD News

American Security Today

As we move closer to the holiday season, American’s are no doubt beginning to think about gifts for loved-ones and friends. Finding that perfect gift though can often be a challenge and even stressful for some. Increasingly, pre-paid cards, or gift cards have become a viable option for those struggling with what to purchase by alleviating the guess-work associated with shopping.

This has given rise to a booming industry.

Pre-paid cards offer a fast and convenient alternative for shoppers, allowing the recipient to choose what they really want or need, as well as the convenience of purchasing a product wherever credit or debit-cards are accepted. Just as pre-paid cards have revolutionized gift-giving, they also represent a unique and growing challenge for America’s law enforcement, regulators and politicians.

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