Sunday, February 15, 2009

ATM BANKING SCAM HITS LONDON

ATM Scam Investigation
ATM Banking Scams are now in London as city police are investigating 3 businesses. The three unnamed businesses came forward after noticing that the Pin Pads on the ATM's had been tampered with. Although there have been no fraud victims come forward as of yet the investigation is ongoing.


This falls shortly after ATM skimming was found in Stratford where over 40,000 people had lost money from their bank accounts. Police do have suspects in that the Stratford case.


The three London incidents were reported in a two day period and city police do not know if they are connect at this point or not.


Protect Yourself From ATM Fraud



  • make sure nobody is close to you when entering your pin

  • watch the clerk if for some reason they have to swipe your card

  • check the ATM pin pad, look for signs of tampering or anything odd looking about it

  • call police right away if you suspect a problem

  • never give your pin number to anybody EVER

If you are a victim of an ATM theft banks will insure the stolen money so don't worry to much. What thieves are doing are replacing ATM pin pads with pads that read your card number and pin number that you type in. They will then pick up these pads that have your personal information stored and transfer it to black ATM cards that they have in possession.


Personally, I think we will be hearing a lot more about ATM theft it's only a matter of time. We may all have to go back to using banks and tellers again and paying cash for purchases we make. One thing you can count on with thieves is that they will always find a way, it just takes time.