SPF mata say they arrested ATM card skimmers - Malaysian FTs

http://www.asiaone.com/News/Latest+News/Singapore/Story/A1Story20120113-321738.html



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Two Malaysians arrested for possessing ATM skimming equipment
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A photo released by the police showing the exhibits seized. The long grey device resembling a ruler contains the pin-hole camera.
AsiaOne
Friday, Jan 13, 2012

SINGAPORE - Police have arrested two Malaysians who may be involved in the recent ATM skimming scam that has now reportedly hit 696 DBS/POSB customers, with around a million dollars being fraudulently withdrawn.
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The two Chinese men, aged 27 and 39, were caught yesterday in a hotel in Lorong 22 Geylang, during an island-wide operation by the Commercial Affairs Department of the Singapore Police Force (SPF).

The duo was found with an assortment of gadgets used for ATM skimming, including a customised panel with a pin-hole camera and a simulated Foreign Device Inhibitor (FDI) believed to have been fitted with a card skimming device.

"Police investigations are ongoing to determine the involvement of the two subjects in the spate of ATM skimming cases reported in the Bugis area," SPF said.

DBS said last Friday that two of its ATMs at Bugis Street may have been compromised during the scam, and it has identified the time periods in which this occurred. It has de-activated the debit and ATM cards of customers involved and provided replacements.

DBS also said last week that 400 DBS/POSB customers were affected with a total of $500,000 being stolen from their accounts, however, the bank told media today that more have been affected with a larger amount of money withdrawn.

The two suspects will be charged in court tomorrow. If found guilty, they face a jail term of up to 10 years, or a fine, or both.

SPF has reminded the public to stay vigilant and to observe ATMs for signs of tampering before making cash withdrawals.

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http://www.channelnewsasia.com/stories/singaporelocalnews/view/1176609/1/.html






Two suspects caught in DBS/POSB ATM fraud
By Vimita Mohandas/Sharon See | Posted: 13 January 2012 2102 hrs



SINGAPORE: Police have arrested two Malaysians for possessing ATM skimming equipment.

The two men, aged 27 and 39, were arrested during an island-wide operation by officers from the Commercial Affairs Department (CAD) to arrest members of a transnational ATM skimming syndicate on Thursday.

The two men, who are on social visit passes, were arrested at a hotel in Geylang.

Among the equipment seized are a customised panel with a pin-hole camera and what's known as a simulated Foreign Device Inhibitor, which is believed to have been fitted with a card skimming device.

Police are investigating whether the two men were involved in the recent spate of card skimming cases involving DBS ATMs in Bugis Street.

Meanwhile, DBS Bank said in a statement on Friday that it has paid about S$1 million in compensation to nearly 700 customers who had fallen victim to the recent ATM card skimming scam.

This is twice the initial amount it reported last week when it said it was expecting to pay S$500,000 to compensate 400 affected customers.

In the statement, the bank said it believes that almost all the affected customers have now been identified.

The bank said the unauthorised ATM withdrawals were contained to transactions in Malaysia on 4 and 5 January, and the number of reports of unauthorised withdrawals made in Malaysia has "tapered off significantly".

DBS said it has intensified checks on all its ATMs and has also started sending SMS alerts to customers who have made overseas ATM transactions above a certain amount.

It added that it will start sending SMS alerts for selective local ATM transactions next week.

DBS said its fraud prevention measures at ATMs include closed circuit TVs, flashing entry points, sculpted translucent card-slots, dynamic lock indicators and mechanisms within the card reader.

It added that the type of security measures it deploys at each ATM depends on factors such as machine type, location and response time.

The bank said it uses a different combination of security measures at different ATM locations at different times.

- CNA/ir

Reputation of DBS went into the longkang. Before this incident, reputed to be seepay safe.

Who say before this incident seepay safe. Go check.

I give you these key words;

1. Hong Kong
2. Safe deposit box
3. Renovation, relocation.

GoldenDragon said:

Reputation of DBS went into the longkang. Before this incident, reputed to be seepay safe.

Click to expand...

Before this abt a year plus ago dbs were hit by d same card skimming tactics bt on a much smaller scale n they managed to catch the culprits without asking d CID for help.. This time these msian crooks r goin all out n many sinkies were affected so lan lan cannot be discreet anymore....