Australian ATM skimming gang nets $500,000

Australian ATM skimming gang nets $500,000

Australian police are hunting thieves suspected of stealing over $500,000 from ANZ customer bank accounts using details obtained from a skimming device attached to a cash machine in Melbourne.

Investigators suspect the device has been attached to the ATM intermittently over the past two months, with stolen card details then used to access funds from accounts.

Police say an international syndicate may be responsible and have released images of two men they believe can help with the investigation.

According to local press reports, at least four other local cash machines are suspected to have had skimmers attached to them and over 5000 people have been affected.

Comments: (1)

A Finextra member
A Finextra member 24 March, 2009, 23:58Be the first to give this comment the thumbs up 0 likes

What I've never understood about ATM skimming, is why banks don't have their employees regularly check the ATMs for signs of tampering. Most skimming devices, including the ones mentioned here, are easily recognisable by someone who knows the ATM and is trained to spot anomolies.