Wednesday, February 17, 2016

ATM Transactions decline

ATM forgery takes toll on electronic transactions

Following the recent transaction-scam in ATM booths, personal financial dealings have immediately taken a dip. Bangladesh Bank statistics have informed that in the month of February till the 15th, Tk 2.53 billion was recorded; till February 13, the aggregate transaction records came to Tk 2.38 billion.  With a daily average of Tk 181 million, on February 14 saw withdrawals of only Tk 46 million.

The average citizen is expressing serious concerns about the card-skimming issue. Between February 6-12, information of 200 debit/credit cards have been discovered stolen from these booths. Tk 25 lakh has been reported stolen from 6 ATMs of 3 banks, the highest amount from EBL. No one has been arrested yet.

Find out more in this link, which demonstrates how the forgery was done by a possible culprit from a CCTV photo:
Probe on to find ATM frauds

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