Armed Polite Society

Main Forums => The Roundtable => Topic started by: Nathaniel Firethorn on January 07, 2006, 04:36:46 AM

Title: Slick heist
Post by: Nathaniel Firethorn on January 07, 2006, 04:36:46 AM

Thieves rig false keypads and card slots to skim logins from ATMs.

http://money.cnn.com/2006/01/06/news/atm_fraud/index.htm?cnn=yes



- NF

Title: Slick heist
Post by: TarpleyG on January 07, 2006, 07:55:50 AM

This started about 3 years ago IIRC and yes, it is pretty slick.  From looking at some of the newer ATMs at my bank around the area, I don't see how this is possible.  Maybe they are still doing it on older ATMs though.

Greg

Title: Slick heist
Post by: Sylvilagus Aquaticus on January 07, 2006, 08:26:50 AM

They've had a few instances of this around Dallas lately. In a couple of cases, the police and Secret Service have recovered the devices that were placed to scan the ATM cards.

If it doesn't look right, it probably isn't. If your card didn't work and it should have, call somebody from within sight of the ATM.

Regards,
Rabbit.

Title: Slick heist
Post by: Vodka7 on January 07, 2006, 10:05:35 AM

Scheme is old and has many variations.  One of the oldest variations is to place a real, working ATM somewhere like a Deli and pay the owner a fee for having it there.  The machine is rigged to record your magstrip and PIN.  And to give you real money.  For $10k to stock the machine and maybe $500 to the shop owner you've got access to at least 20 accounts assuming every single one of them does the daily withdrawal limit, and closer to 200 if everyone takes out between $40 and $60.

At the end of the month you pick up your ATM, and drive away with accounts that you can completely empty at your leisure.