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The Latest ATM Skimmer Scam

December 6, 2011
Total Loss: $250,000

Thieves using card readers and hidden cameras stole more than $250,000 from 11 Chase A.T.M.’s near New York City’s Union Square earlier this year, according to a recently unsealed indictment.

The crime shows that “skimming” isn’t just a risk for gas station pumps or no-name machines in out-of-the-way locations. Roughly 1,500 accounts were affected. A Chase spokesman, Tom Kelly, declined to comment because the matter involved a security issue.

Source: NY Times blog
Posted in: Deposit Account Fraud Debit Card Fraud Credit Card Fraud Collusive Networks
Tags: ATM skimming