On Thu, Oct 14, 2010 at 7:33 PM, Andrew Kerich
<andykerich@gmail.com> wrote:
Finally KCB have reversed the transaction and credited my account with
the illegally withdrawn amount - almost a month later.
What happened was that my ATM card was skimmed in Oil Libya waiyaki
way - basically this means that some magnetic reader was inserted on
top of the existing card slot that was harvesting ATM card details
from the magnetic strip. The false card slot is made to match the
color and texture of the ATM and is very thin so it does not change
the profile of the machine in a noticeable way once installed.
The con artist then makes a duplicate card with the same credentials
and the card is as good as the original one. This was rampant in
credit cards but now it has also moved to ATM cards.
Exercise caution and watch out for anything suspicious (some ATMs may
have micro cameras installed).
As for me i shall be paranoid until the ATM/card technology improves ;-)
That's worrying!
At one point I was shopping in a supermarket and presented by card for payment, but my sixth sense told me that the guy I had given the card was acting weird!
Is there a way they can swipe twice, forge my signature, and take goods worth the same amount as I had purchased?? Me thinks nothing is impossible with fraudsters - serious ones, with the right connections. Exercise care. I am sure this has happened to someone.