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Russia’s Central Bank considering card-per-person limit to combat droppers’ activity
This was stated by Bank of Russia Governor Elvira Nabiullina at a meeting with the President and the Cabinet.
"What else is proposed to be done to prevent this droppering, the so-called mediation, from developing. We are discussing a reasonable limit on the number of cards that can be issued per person. These restrictions will not affect ordinary citizens, because ordinary citizens do not need hundreds or even thousands of cards to be issued,” Nabiullina said.
She noted that such measures are already in place in Kazakhstan.
“You may remember the times when a pile of fly-by-night businesses were registered at one legal address? And in fact, this makes droppering easier. That is, hundreds, thousands of cards are issued to a person, through which they withdraw money one-time. One card got in, now it is quickly seen, one card, through which fraudulent transactions are made, and the second one goes," the Central Bank Governor noted. She emphasized that now dropper cards are becoming a disposable tool.
Meanwhile, good news is that prices for such cards on the “black” market have gone up (from 10-15 thousand rubles to about 70 thousand rubles).
The Central Bank also supports the introduction of criminal liability for droppers. “But the trouble is that there are many teenagers among the so-called droppers, very young people who do not even realize what the scammers are luring them into,” the head of the Central Bank noted.