Monday, November 16, 2009

Skimming Becoming Popular Crime

BankInfoSecurity.com is running an interesting article on the subject of an ATM Skimming crimewave that is sweeping the nation.



Tenn. Incidents Part of Growing International Wave



ATM Fraud: New Skimming Scheme Hits BanksA series of skimming crimes that hit the Nashville, TN area recently is but one of many ATM fraud schemes preying upon financial institutions and their customers.



Nashville police reported last week that they were investigating an ATM card skimming scheme where at least 600 individuals were potential victims. Investigators say five Bank of America ATMs were hit, as well as an unknown number of US Bank machines. A total of 60 people had fraudulent withdrawals from their accounts for anywhere between $100 to $5,000 dollars. Investigators suspect that the skimming schemers have now moved on to other cities.



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