Thursday, April 01, 2010

ABC GMA reports on increase in ATM scams, duplication of debit cards

On March 31, ABC “Good Morning America” presented a story about bank ATM skimmers that are, in plain daylight sometimes, taken by thieves to connect to other machines, available on the Internet, to duplicate debit cards and drain bank accounts.

The news story is by Elisabeth Leamy and Chris Strathmann in a “Consumer News” column, link here

It is difficult for a consumer to protect herself against this with certainty. It may help to use a neighborhood ATM with which one is familiar. It is more difficult to defend against away from home. Presumably banks would have to make up losses.

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