Three members of a Brazilian gang involved in automated teller machine (ATM) fraud were arrested by the Federal Investigation Agency (FIA) on Tuesday.
Three brothers involved with an ATM skimmer gang operating out of Brazil were caught during an operation in Taxila, according to an FIA official speaking to the media.
Imran, Khalid, and Farhan were named as the suspects. Their possessions included skimming devices and cell phones. These type of frauds involve high tech gadgets which basically help skimmers to do the bad job.
The detained men, according to an FIA officer, utilized various chips to capture data from ATM customers, which they afterwards passed to their gang colleagues in Brazil so that it could be used to withdraw money from banks.
ATM fraud, also known as skimming, is on the rise globally including in Pakistan’s banking system.
A Chinese national was convicted in March 2020 by a city court in Karachi after allegations of data theft and ATM skimming were proven against him.
The Chinese national, Leo Lin, was sentenced to six years and three months in prison and fined Rs. 1 million by the sessions court.
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