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Skimmers Busted by Fraud Detection

November 22, 2011
Total Loss: $285,000

Fraud specialists at New York's Chase Bank have been credited with helping thwart an ATM skimming scheme that hit nearly 1,500 Chase customers in Manhattan's Union Square. Chase's detection of the fraud and notification of law enforcement reportedly helped investigators track and catch two Bulgarian nationals who have been indicted for the crime.

Source: Bank Info Security
Posted in: Debit Card Fraud Deposit Account Fraud Credit Card Fraud
Tags: SkimmingATM fraud