The Economic and Financial Crimes Commission(EFCC) has received a lot of complaints about ATM switch scammers and alerted Nigerians to be vigilant about the crime.
MR Dele Oyewale, The EFCC’s Head of Media and Publicity, gave the recommendation in a statement on Tuesday.
According to Oyewale, the Commission’s investigations have connected unauthorized withdrawals from clients’ bank accounts to ATM Debit Card switching or fraud.
He continued by saying that the thieves’ strategy involved keeping a debit card from the same bank and using it at any ATM under the pretence of helping a confused bank customer.
“They swap the card in such a hurry that the customer would not notice and at the same time memorize the pin used in trying the fake cards.
“These cards get stuck in the machine due to a wrong pin and the fraudster quickly abandons the victim, advising him/her to report to the bank while making away with the victim’s card to make immediate withdrawals from the account.
“This card swapping typically happens in any service delivery point, such as Point of Sale (POS) terminals, and ATM points, among others,” Oyewale said.
Ugochi Olivia Ubah is an Educator and a Writer
