Add St. Lucia News Online on Whatsapp +1758 712 6700; get major headlines and source us with news tips, photos, and videos

Local banks on high alert for credit card scammers

 Share This On:

dsc_5966-500x332

Local banks across the island have been put on alert by the Major Crimes Unit of the Royal Saint Lucia Police Force (RSLPF) following an increase in credit card scams.

This was disclosed by Acting Corporal Calious Dantes on Police Insight on MBC Television.

The police official said that criminals are now in possession of devices that can read the magnetic strip of any card as well as small cameras which they can affix to ATM or similar machines.

Commonly referred to as skimmers, these are essentially malicious card readers that grab data from real payment terminals so that they can harvest data from every person that swipes their cards.

The thief has to return to the compromised machine to pick up the file containing all the stolen data, but with that information in hand that person can create cloned cards or just break into bank accounts to steal money.

Dantes said the typical ATM skimmer is a device smaller than a deck of cards that fits over the existing card reader. Most of the time, the scammers will also place a hidden camera somewhere in the vicinity with a view of the number pad in order to record personal-identification-numbers or PINS.

The camera may be in the card reader, mounted at the top of the ATM, or even just to the side inside a plastic case holding brochures. Some criminals may install a fake PIN pad over the actual keyboard to capture the PIN directly, bypassing the need for a camera.

The scammers can then transfer the information to another card using a laptop computer and a card reader to steal personal information.

There were some 400 cases of fraud and forgeries reported in 2015, with only 120 being solved.

(8)(0)
This article was posted in its entirety as received by stlucianewsonline.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers.

2 comments

  1. Things are getting harder jab...We are always one step ahead of the system man made the system man crack it....

    (1)(0)
  2. Who say d scammers dem wrong

    (5)(12)

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.