All About The New ATM Fraud And How It Traps Cards


All About The New ATM Fraud And How It Traps Cards

Representational Image

Three men in Delhi were last week arrested for allegedly tampering with ATM machines for duping people.

According to police, they used to damage card reader slots in ATMs so that when someone puts their card in, it gets stuck there. 

How New ATM Fraud Works?

  • Fraudsters tamper with ATM machines by removing the card reader.

  • This causes the customers’ cards to get stuck inside the ATM when they try to withdraw money.

  • Scammers offer to help, by asking them to enter their PIN number, claiming it will fix the issue.

  • When the PIN doesn’t work, they convince the victim to report the problem to their bank.

  • Once the victim leaves, the scammers retrieve the card from the machine and withdraw money.

How To Protect Yourself From ATM Frauds:

  • Always inspect the ATM machine carefully before using it. Check for any signs of tampering, such as loose or damaged parts, and unusual devices or wires.
  • Always shield the keypad while entering your ATM PIN. This will prevent any hidden cameras from recording the keystrokes.
  • Use ATM machines that are inside bank branches or under surveillance cameras.
  • You should regularly check bank statements and transaction history to ensure all transactions are genuine.
  • Get regular SMS alerts to avoid fraudulent transactions.



Source link

  • Related Posts

    Woman busted smuggling 350 Nintendo Switch game cards in her bra — Chinese customs officials intercept smuggler at checkpoint

    Chinese customs officials at the Liantang Port got more than they bargained for when an unusually busty woman was spotted among the incoming passengers. Noting her nervous behavior, they intercepted…

    Just in time for summer travel, Chase offers up to 90K Miles for new United Cardmembers

    Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers.  If you’ve been cooped up all winter and are thinking…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Woman busted smuggling 350 Nintendo Switch game cards in her bra — Chinese customs officials intercept smuggler at checkpoint

    Woman busted smuggling 350 Nintendo Switch game cards in her bra — Chinese customs officials intercept smuggler at checkpoint

    Just in time for summer travel, Chase offers up to 90K Miles for new United Cardmembers

    Just in time for summer travel, Chase offers up to 90K Miles for new United Cardmembers

    Which stores accept EBT cards to make online payments?

    Which stores accept EBT cards to make online payments?

    YAY Moments launches payment cards

    YAY Moments launches payment cards

    Sotheby’s Bets on High-End Trading Cards with New Fanatics Partnership

    Sotheby’s Bets on High-End Trading Cards with New Fanatics Partnership

    Dads lost to ill health remembered in commemorative Father’s Day cards

    Dads lost to ill health remembered in commemorative Father’s Day cards