Habib Bank has started reimbursing the customers who lost money in the ATM skimming fraud. Hundreds of citizens in Pakistan have lost million of rupees over a couple of weeks after they fell prey to an skimming fraud. The skimmers withdrew withdrew money in China, while transactions were made in Karachi and Islamabad through the fraudulent scheme. The bank has said that State Bank of Pakistan and other government departments has been informed of the latest situation. The Federal Investigation Agency (FIA) says skimmers withdrew money using data from 579 ATM cards. They accessed accounts by placing skimming devices in different ARMs. The account holders only came to know of the theft after being informed by their respective banks. A spokesperson for the HBL had said that the bank confirmed skimming devices installed on four of its ATMs; three in Islamabad and one in Karachi. The FIA has started probing into the matter under Cyber Crimes Act. The matter has also been raised on diplomatic level with China. Karachi's Clifton was worst hit by fraud, where the highest number of incidents of ATM skimming took place at a major shopping mall in Clifton's area. Inorder to make more and more from their scheme, the fraudsters placed a skimming device on one ATM and made other dysfunctional. ATM skimming can be regarded as identity theft for debit cards.Fraudsters employ different techniques to record your PIN code for accessing the hard-earned money in your account. In some instances, the schemers stick a fake-card-reader on the ATM, while in other they place a fake keypad on the machine to get one's PIN code. Another technique employed in this crime is the use of hidden camera, which records your PIN code and conveys it to the fraudsters. A few ATM skimmers also change the entire display of the ATM.
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