ATM Fraud or Cash Money Theft is as old as the machines themselves. It can have very devastating effects on the victims, still it is not considered as one of the major fraud threats. When you enter your credit card into an ATM machine and provide the proper PIN number you get directly linked to your bank account. So from this you can see that if you became a victim of ATM fraud, criminal must have had both of these. It is up to you alone to protect your credit card and PIN number to avoid financial loss.

Looks like a normal cash machine.

What you don't see at the first moment is that a skimmer (a false credit card reader) has been installed on the machine. This skimmer will now gather personal information and transmit it to the thieves in a near location, usually in a car. Information will be used to make a clone of your card.

To the left we see a plastic holder for envelopes or ads, but hidden on the back of it there is a tiny little camera which captures the moves of your fingers when you are entering the PIN.

Scammers have now obtained both, a credit card and PIN number and you haven't even noticed it. All they need to do now is make a clone of the card go to the next ATM machine and empty the bank account.