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New ATM scam being reported.(BANKING AND FINANCE: 3rd Quarter Industry Spotlight)(Advertisement)

San Fernando Valley Business Journal,  August, 2005  

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The California Bankers Association is warning consumers of a new ATM scam involving the use of wireless cameras and is also providing consumers with friendly reminders about ATM security.

In this new scam, criminals are affixing a wireless camera to the front of an ATM machine, often trying to disguise it as part of the card-scanning equipment found at every ATM. This camera records all of the information entered to access the card and is transmitted to a recording device, usually held by criminals in close physical proximity, in some cases as close as a nearby parking lot. ...

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