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Credit card blanks, counterfeiting equipment, cash and heaps of marijuana were among the items seized by police after busting a credit card fraud and identity theft ring in Calgary.

Officers have arrested one man and are searching for three more in the case.

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Investigators launched a two-month investigation after a credit card company noticed some fraudulent applications for credit cards and notified police, said Staff Sgt. Kristie Verheul with the economic crimes unit.

It’s believed the suspects were purchasing credit card data online – information that had been stolen from victims across Canada and the United States – and encoding the data on the gift cards, hotel swipe keys and other cards with a magnetic stripe, and using them to buy high-end items, such as electronics and car parts.

The suspects were also allegedly stealing identities and using that personal information to apply for credit cards.