Credit label rascal : Romanians debarred from re-entering Sri Lanka

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Credit label rascal :

Romanians debarred from re-entering Sri Lanka

The dual Romanian nationals, Preethru Marius and Gregory Edwards who
were indicted by a Attorney General with withdrawing income from an
Automated Teller Machine (ATM) in Wellawatte by regulating feign credit cards
last year pleaded guilty to a charges before a High Court Judge
Colombo, Kumudini Wickremasinghe and were condemned to a dangling jail
term of 5 years and fined Rs. 80,000 each, Police Media Spokesman, SP
Ajith Rohana told a Sunday Observer.

He pronounced a decider systematic a suspects to repay Rs. 165,000 which
they had cold from a ATM and systematic a Commissioner of
Immigration and Emigration to expatriate a suspects forthwith and not
allow them to re-enter a country.

The decider commended Inspector B.A.N. Priyadharshna of a CID who
investigated a credit label fraud.

The rascal came to

Article source: http://www.sundayobserver.lk/2012/01/29/sec01.asp

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Seven ATM reserve tips for consumers this holday season

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With credit label rascal scarcely doubling a safest approach to compensate for waste is cash.

With credit label rascal scarcely doubling in a final financial year and online rascal on a rise, a safest approach to compensate for waste this holiday deteriorate stays cash. However, internal consumers need to be resourceful with a Automated Teller Machines (ATMs) they select to use, generally as they transport by unknown locations.

This is according to Marc Sternberg, Managing Director of Spark ATM Systems, who cites a new news from a South African Banking Risk Information Centre that found that a financial waste gifted by banks due to credit label rascal has increasing by 53% to R403.15 million in a 2009/2010 financial year.

“Pair this with a fact that 70% of people who make use of online selling portals are endangered about their confidence and fear being a aim of online fraud, according to a recent

Article source: http://www.moneyweb.co.za/mw/view/mw/en/page295023?oid=558221&sn=2009+Detail

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Credit label fraudsters feast on banking industry

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JOHANNESBURG – The banking attention mislaid over R400 million as a outcome of credit label rascal and a fraudsters  used a income especially to buy liquor, wardrobe and groceries, a South African Banking Risks Information Centre (Sabric) suggested yesterday.

Sabric expelled a label rascal sum for this financial year during a media lecture hold in Midrand, that indicated an altogether boost of 53% in credit label fraud.

The banks’ sum credit label rascal waste for 2010/2011 financial year amounted to R403,15 million, adult from R263,8 million in 2009/10, Sabric CEO, Kalyani Pillay said.

Losses as a outcome of fake use of cards increasing by 72%.

Card rascal crimes were especially committed in Gauteng, a Western Cape  and KwaZulu-Natal,  accounting for 92,3% of a sum credit label rascal waste in a nation this year.

Counterfeit label rascal went adult by 63% and accounted for 57% of a altogether banking attention financial losses, with R176 million lost

Article source: http://www.citizen.co.za/citizen/content/en/citizen/local-news?oid=245121&sn=Detail&pid=146826&Credit-card-fraudsters--feast-on--banking-industry

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ATM fraud cases raise questions over electronic security

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Source: The Jordan Times

By Mohammad Ghazal

AMMAN – Police have urged the public to be cautious when using automated teller machines (ATMs), after 12 foreigners were arrested this week for committing ATM fraud.

The thieves, who are believed to have been operating in the country for about two weeks, installed card skimmers and small cameras on ATMs around Amman, using these devices to collect customers’ bank card information and withdraw money from their accounts. No figures were available on the amount of stolen money.

The 12 are believed to be part of a network of ATM thieves working in several countries in the region, said Public Security Department Spokesperson Major Mohammad Khatib. Continue reading “ATM fraud cases raise questions over electronic security” »

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Man accused over America's biggest credit card identity fraud – Times Online

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Man accused over America’s biggest credit card identity fraud – Times Online

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