Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Wachovia ATM Skimmer Nets $60K

March 25, 2010
Total Loss: $60,000
Criminals in Alexandria, VA, stole more than $60,000 using a skimming device installed on an ATM at a Wachovia Bank branch last month. The skimming device was found by an ATM technician on February 28. The technician took photos of the device and then went inside the bank to report it, says Alexandria police detective David Hoffmaster. By the time the technician came back, the device had been removed. Customers have already contacted the bank to report fraudulent transactions on their ATM cards. Police say the device enabled the criminal to steal customers' account numbers and possibly even the PINs.
Source: Bank Info Security
Posted in: Debit Card Fraud
Tags: debit cardatmskimming device