Nearly $450,000 stolen in EFTPOS
October 9, 2009
Total Loss:
$450,000
In last fortnight's EFTPOS skimming scam, fraudsters made use of a new kind of card-skimming device to steal nearly $450,000 from West Australian bank accounts, going by the initial reports pertaining to the scam. According to the police, as many as 1400 accounts have reportedly been defrauded "so farâ€, with more complaints still pouring in. The magnitude of the scam would probably rise after the financial institutions give a clearer picture of the money withdrawn, in about a week.
Source:
TopNews
Posted in:
Debit Card Fraud