Friday, March 19, 2004

Money Talks

I don't remember where I found this alert from the University of Texas but it if you live in the South, this ATM scam seems to proliferating and you have to figure that it will spread to other regions eventually.

A team of organized criminals is installing equipment on legitimate bank ATMs in at least 2 regions to steal both the ATM card number and the PIN. The team sits nearby in a car receiving the information transmitted wirelessly over weekends and evenings from equipment they install on the front of the ATM (scroll down to see photos). If you see an attachment like this, do not use the ATM and report it immediately to the bank using the 800 number or phone on the front of the ATM.

This is a clever scam. The modification is barely noticeable and who really pays attention to the lit holder on the wall? As these folks work at night and weekends, they could seriously dent your bank account before you even realize it.

Forewarned is forearmed.

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