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FIA Launches Investigations Into ATM Skimming Fraud

Karachi (December 5, 2017): Hundreds of citizens in Pakistan have lost millions of rupees over a couple of weeks after they fell prey to an Automated Teller Machine (ATM) skimming fraud, whereas the Federal Investigation Agency (FIA) has started probe into the matter under the Cyber Crime Act.FIA says skimmers withdrew money using data from 579 ATM cards. They accessed the accounts by placing skimming devices in different ATMs.

Account holders only came to know of the theft after being informed by their respective banks, the agency said. A spokesperson for Habib Bank Pvt Ltd said that the bank’s has confirmed skimming devices installed on four of its ATMs; three in Islamabad and one in Karachi.The highest number of incidents of ATM skimming took place at a major shopping mall in Karachi’s Clifton area.

In order to make more and more from their scheme, the fraudsters placed a skimming device on one ATM and made others dysfunctional. This led all potential victims of the fraud to the ATM with the skimming device.

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