Wednesday, 29 July 2020

ATM fraud

There's been a few headlines this week about a gang using construction equipment to attack ATMs in Ireland. There's been five attacks in two weeks in which a lot of damage is done to the building housing the ATM. But the skimmers are still at it of course. Last week the Financial Ombudsman published their annual report and included two cases of people who had to battle with the banks after they claimed their cards were skimmed. One woman who lost €540 was denied a refund by her bank, but the Ombudsman came out on her side. A backpacker who claimed €4,000 was taken from his account was also turned down a refund. This time the Ombudsman said €2,000 taken in Italy did fit the pattern, but that the other transactions did not look like a typical fraud.


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