This article was posted 05/10/2007 and is most likely outdated.

ATM Theft
 

 
Subject - ATM Theft

May 10, 2007
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ATM Theft

 

imageThe photographs displayed in this link: http://www.snopes.com/fraud/atm/atmtheft.asp  originated with a surveillance camera at one of the branches of the Royal Bank of Trinidad and Tobago (now RBTT) and demonstrate a variant of the "Lebanese loop" scam, in which a type of plastic sleeve is inserted into the card slot of an ATM to trap an unsuspecting user's card, while the scammers employ low-tech methods of inducing the victim into entering his PIN repeatedly until they can observe and memorize it (and retrieve the card after the victim has left the scene). This incident was one of several that prompted RBTT to post notices next to their ATMs warning customers to carefully guard their PINs, to call the RBTT customer hotline immediately if their cards were captured, to be wary of people loitering around ATMs, and to be aware of other unusual circumstances (such as the smell of glue around ATMs).

 

Click here to view the PowerPoint presentation demonstrating this scam. If the PowerPoint doesn't open immediately first save it to your computer and then open.

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Comments
  • The ingenuity of the scam artists never ceases to amaze me! This was an effective and constructive presentation and one that I'll remember.

    Marcel Tremblay

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