ATM THEFTS

Keval Shah

CA-Final

306 Points Posted on 13 July 2010

thanks a lot ...

CA Devender Chauhan

Group Financial Accountant

1531 Points Posted on 13 July 2010

thanx

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 1

ATM THEFTS

Slide 1

¨In our first slide you see an individual who apparently is making a bank transaction at the ATM.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 2

Placing the trap

Slide 2

What he really is doing is placing a trap in the ATM machine to “capture” the next user card

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 3

Lookout Warning

Slide 3

Altering the ATMs is a risky business, these individuals work in teams. The lookout warns of any possible eye witnesses / or of the next potential victim.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 4

The Victim

Slide 4

Here we see the next client using the ATM, after the trap has been set. He inserts his card and begins his transaction

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 5

Springing the TRAP

Slide 5

The ATM card is confiscated, and the customer is confused, asking himself, Why has my card been confiscated? However, here we see the cavalry coming to help, (HELP!!!).

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 13 July 2010

Slide 6

Honest,Samaritan Offering HELP

Slide 6

¨Here we see the thief pretending to help. What he is really doing is trying to gain the “customers” PIN, now that he has captured his card.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 7

Gaining access to the PIN

Slide 7

¨The good Samaritan convinces the “Customer” He can recover the card, if he presses his PIN at the same time the Samaritan press “cancel” and “enter”.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 8

Situation Hopeless, “They Leave”

Slide 8

¨After several attempts the “customer” is convinced his card has been confiscated. The “customer” and the Samaritan leave the ATM.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 9

Recovering the CARD

Slide 9

¨Satisfied the area is clear, the thief

¨returns to recover the confiscated card from his trap. He not only has the card, he also has the PIN the “customer” provided unknowingly.

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 10

The Escape

Slide 10

In possession of the card and the PIN he leaves the ATM with R4,000 from the “Customers” account

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 11

THE TRAP

Slide 11

Kalpesh Chauhan,

Tax Assistant (Accounting Technician CA

8311 Points Posted on 14 July 2010

Slide 12

Placing the TRAP

Slide 12

¨The trap is then inserted into the ATM slot. Care is taken not to insert the entire film into the slot, the ends are folded and contain glue strips for better adhesion to the inner and outer surface of the slots.