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Particularly used in the 1980's/1990's in the UK (maybe decade before and/or after) - Using stolen/fraudulently acquired credit cards, cheque books and debit cards, etc, in order to obtain cash money from the 'victims' bank and/or using the cards to use fraudulently in shops in order to obtain (most often) high value items by 'false representation' (legal term) to (often) sell onwards for a lower price (usually half original price or less depending on circumstances) to a person/persons who may then potentially be involved in "receiving stolen goods" (legal term) if they're aware that the goods were obtained illegally.
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