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Wednesday, May 20, 2009

Multi-Million ATM Fraud Scheme in Australia


(Melbourne, Australia) Herald Sun: In a couple of hours, a gang from Eastern Europe was able to skim cards used at an ANZ ATM and then clone the cards to drain customer accounts.

At last count, Eastern European crime bosses had stolen $700,000 from 400 Victorians whose card details were illegally copied.

Dozens, perhaps hundreds, more ATMs have since been targeted across Australia, meaning the fraud, likely to reach tens of millions of dollars in losses, is fast becoming Australia's biggest bank job.

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Card Skimming, Cloned Cards, ANZ, ATM Skimmer, Australia

John B. Frank at 10:07:00 AM
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