ATM FRAUD: ATM fraud refers to fraud with the use of an ATM card whereby the perpetrator of the crime uses the card to immediately withdraw funds from a consumer account using PIN based transactions at the ATM. For instance, a perpetrator who manages to get an ATM pin number will use the ATM card at any automatic teller machine (ATM) to withdraw money from an innocent user’s bank account.
What you can do to avoid becoming a victim:
• Stay alert
• Protect your PIN
• Only enter your PIN when prompted to do so by the ATM
• Never keep a record of your PIN on your card or any piece of paper in your wallet, purse or handbag or on your phone
• Cancel your card immediately if it is stolen or retained by the ATM
Read More>>> https://www.dailytrust.com.ng/efcc-arrests-engineer-for-atm-fraud-in-ilorin.html