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ATM Users! Beware of the Latest Cash Withdrawal Scams

ATM Users! Beware of the Latest Cash Withdrawal Scams

ATM Scams: Despite the rise in digital payments, many people still rely on cash. Consequently, they are using ATMs to withdraw money. However, some scammers are taking advantage of this situation. They pose as helpers, attempt to discover the victim’s PIN, switch out the card, and then withdraw money. Often, they persuade victims to go to another ATM under the pretense of technical problems, and they take the opportunity to steal money as soon as the victims leave.


 

A new type of fraud has recently come to light at several ATMs in Hyderabad. Scammers are pretending to assist victims and asking for their PIN numbers. They then claim that a technical issue is preventing money from being dispensed and suggest the victim try another ATM. While the victims are distracted, the scammers switch their card with a similar one, allowing the victims to withdraw money before the scammers disappear as soon as they leave the ATM. The police have been alerted to these frequent incidents and are compiling a list of suspects, including those who have committed similar crimes in the past, in order to track them down.


Who’s behind this ATM Scams?

Police investigation has revealed that some youths addicted to gambling and bad habits are committing these frauds. Such crimes are mostly reported in suburban areas, crowded places, and at ATMs with low security. Especially elderly and middle-aged women are becoming victims at the hands of these fraudsters. Police advise people to be vigilant against strangers while withdrawing money and not to tell anyone their PIN number. They advise people to be careful if anyone tries to help them suspiciously. They say that if any problem arises at ATMs, they should immediately contact bank officials. In order to control these frauds, the police are increasing surveillance and creating awareness among the public.

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