Full Notification

It is estimated that skimming costs financial institutions and consumers more than $1 billion each year!
 
Here’s a quick breakdown of how skimming typically works:
    1    Installation of Skimmer: A fake card reader is placed over the real card slot, or inside the machine. It captures the card data when a customer inserts their card.
    2    PIN Capture: A hidden camera or fake keypad records the PIN as it’s entered.
    3    Data Cloning: The stolen data is transferred to a blank card, which can then be used fraudulently.
    4    Monetization: The cloned card is used to withdraw cash or make purchases until the fraud is detected.
Preventive Tips:
    •    Use ATMs in well-lit, secure areas, preferably inside banks.
    •    Tap the card instead of swiping or inserting it when paying at the pump
    •    Cover the keypad while entering your PIN.
    •    Inspect card readers and keypads for signs of tampering.
    •    Set up transaction alerts on your cards to detect unauthorized use quickly.

For more information, visit www.lasd.org / reference link for fbi https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-frauds-and-scams/skimming