nwlyfree2003 asked
According to a news release by the Florida Department of Banking and Finance, a new sophisticated scam has been documented. It is called “ATM skimming.” In this ingenious rip-off, lawbreakers are taking advantage of technology to make counterfeit ATM cards by using a “skimmer.” A skimmer is merely a card swipe device that reads the information on a consumer’s ATM card. Criminals create a magnetic stripe reader that fits neatly and unobtrusively directly over the magnetic stripe reader on the ATM, and the person making a withdrawal is often none the wiser.
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