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re: Debit card skimmer on ATMs Fraud

Posted on 8/4/17 at 9:14 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425879 posts
Posted on 8/4/17 at 9:14 am to
plus if your debit card has fraudulent activity, it's possible they have to freeze the entire account it's linked to

frick
that
Posted by VaeVictus
Member since Feb 2017
1540 posts
Posted on 8/4/17 at 9:16 am to
My wife and I both have been hit in recent months. Thankfully Capital One notified us as someone attempted to spend money and we were able to block it.
Posted by Modern
Fiddy Men
Member since May 2011
16890 posts
Posted on 8/4/17 at 9:19 am to
This video explains how it happens, and what they do with them.

LINK
Posted by cajunangelle
Member since Oct 2012
148181 posts
Posted on 8/4/17 at 9:20 am to
I hear you but whether 500 dollars or 10 grand the theft operation is underway. I am lucky this was a secondary account. Nowadays why would anyone keep a large sum of money in a checking account, there is no interest to be made.

The complete theft operation just shocked me and I was not aware they started making fake cards with your acct. number. It is shocking.
This post was edited on 8/4/17 at 9:45 am
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45988 posts
Posted on 8/4/17 at 9:28 am to
I keep a max of $300 on my debit card for everyday small purchases, but the bulk goes into an investment account so I can manage my funds. I just move money over to it using an app as needed.

BTW - I've been hit three times on my debit card and someone also hit my Hilton account and converted almost 800 thousand points into $25 VISA debit/gift cards and had them delivered to Poland. By the time I figured it out it was too late for VISA to cancel the cards, but Hilton put the points back on my account.
Posted by LeMarteau
Hoover, AL (B.R. native)
Member since Mar 2008
2169 posts
Posted on 8/4/17 at 9:31 am to
Skimmers will always have to have a covert camera to capture your PIN. The simple act of covering or shielding the key pad when you enter your PIN will thwart this.
Skimmers can be rudimentary - an overlay of a skimmer over the card slot, or very sophisticated, a deep insert into the ATM machine. But the important thing to remember is that a skimmer will need a covert camera.
Shimmers, on the other hand, are inserted into the ATM machine and can record your PIN without the need of a camera.
Bottom line, cover the key pad whenever you enter your PIN and this will stop 95% of the technology used to create cloned cards.
Posted by Loungefly85
Lafayette
Member since Jul 2016
7930 posts
Posted on 8/4/17 at 9:44 am to
Happened to me a couple of months ago. Some NBR hoodrat stole my #. It was easy enough to prove because the idiot paid her Entergy bill with it.

I'm strictly credit card now.
Posted by LSU Tigershark
10,000 posts
Member since Dec 2007
10548 posts
Posted on 8/4/17 at 10:03 am to
One of my patients said it happened twice to him after using his card at the Racetrack in Dutchtown. The guys that got caught later with all the equipment were actually from Miami.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
66622 posts
Posted on 8/4/17 at 10:07 am to
got burned by this at the racetrac in P'ville last Februay.

Stopped for gas on the way to work. By lunch time they had transferred $18k from our savings account to checking and made 15 $500 purchases.
This post was edited on 8/4/17 at 10:09 am
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61837 posts
Posted on 8/4/17 at 10:11 am to
quote:

tips on preventing it?
pull on the card reader before putting your card in.
Posted by nerd guy
Grapevine
Member since Dec 2008
12850 posts
Posted on 8/4/17 at 10:13 am to
quote:

This video explains how it happens, and what they do with them.



Damn. Guy should have done the world a favor and slit his throat in his hotel room.
Posted by cajunangelle
Member since Oct 2012
148181 posts
Posted on 8/4/17 at 10:17 am to
Credit Card Skimmers - YouTube
LINK

Hackers install a card skimmer in a matter of seconds - YouTube
LINK

ATM skimming: How to spot an ATM skimmer - TomoNews - YouTube
LINK

If someone has fraud insurance from one of the credit monitoring places; do they cover this on top off the bank giving you your money back?
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
66622 posts
Posted on 8/4/17 at 10:20 am to
quote:

plus if your debit card has fraudulent activity, it's possible they have to freeze the entire account it's linked to



exactly. we ended up closing all of our accounts and opening new accounts. Was a pain in the arse because we had that checking account for over 30 years and had a lot of shite being auto paid out of it.
Posted by slackster
Houston
Member since Mar 2009
85496 posts
Posted on 8/4/17 at 10:20 am to
quote:

I had just gotten the new debit card with the chip. We see how that helped.


It is my understanding the chip is better protection for retailers, not necessarily the consumer. Basically, if you're not accepting the chip and a card is used fraudulently, the retailer has more liability. Accepting the chip helps prevent fraud occurring at your location.

Obviously there is a benefit for the consumer as locations with the chip are increasing, but until all locations use it, it isn't invincible.
This post was edited on 8/4/17 at 10:21 am
Posted by OneMoreTime
Florida Gulf Coast Fan
Member since Dec 2008
61837 posts
Posted on 8/4/17 at 10:21 am to
quote:

By lunch time they had transferred $18k from our savings account to checking and made 15 $500 purchases
get a new bank
Posted by slackster
Houston
Member since Mar 2009
85496 posts
Posted on 8/4/17 at 10:22 am to
quote:

Stopped for gas on the way to work. By lunch time they had transferred $18k from our savings account to checking and made 15 $500 purchases.


How did they do this?
Posted by cajunangelle
Member since Oct 2012
148181 posts
Posted on 8/4/17 at 10:22 am to
agreed.
Posted by KLSU
Baton Rouge
Member since Sep 2003
10370 posts
Posted on 8/4/17 at 10:23 am to
I have a debit no chip and credit card with chip

My debit card has never been hacked my credit card has been hacked 3 times in the past year.

I've been trying to figure out how where my security hole is but as of now haven't found it.
This post was edited on 8/4/17 at 10:24 am
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
66622 posts
Posted on 8/4/17 at 10:24 am to
quote:

get a new bank


well, i didn't lose any money because the bank caught it.

used the card in p'ville and by lunch time it was being used at walgreen's in miami.

they were apparently buying money orders.
Posted by MLCLyons
Member since Nov 2012
4714 posts
Posted on 8/4/17 at 10:25 am to
Everything I've read says never select "debit" when you pay outside at gas stations. This is a good article explaining why.

LINK
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