Credit Card Pin Reader in action credit card fraud india

Dramatic usage of Credit Cards in India, accelerated the credit card frauds in multi fold. Indian consumers are vulnerable to credit card fraud and identity thefts, and many doesn’t have slightest clue about How to protect from credit card fraud at india. In recent days variety of credit card misuse, fraud, counterfeit credit card printing machines and credit card fraud teams has been discovered and charged by police.

One of the development, the fraud protection police charged a team of organized criminals are installing equipment on legitimate bank ATM’s 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 (see photos). If you see an attachment like this, do not use the ATM and report it immediately to the bank using the phone on the front of the ATM.

The equipment used to capture your ATM card number and PIN are cleverly disguised to look like normal ATM equipment.. A “skimmer” is mounted to the front of the normal ATM card slot that reads the ATM card number and transmits it to the criminals sitting in a nearby car.

At the same time, a wireless camera is disguised to look like a leaflet holder and is mounted in a position to view ATM PIN entries..

The thieves copy the cards and use the PIN numbers to withdraw thousands from many accounts in a very short time directly from the bank ATM.

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