Several Banks Blocked ATM Cards Of Thousands Of Consumers Due To A Fraudulant Transactions

Several Banks in the country including state and Private banks have blocked the ATM Visa and Debit cards issued to thousands of their customers since last weekend after recovering a scam of stealing passwords of ATM Cards and removing money from Bank accounts of the card holder organized by few foreign Nationals.

The Blockade is still there in some of the Private Banks and it is due to remove by tomorrow with an alternative solution to the problem according to Bank sources .

Few Chinese and a Romenian National had been arrested by the police with around Rs.1.2 million in cash which  they have stolen from the bank accounts of ATM Card holders during last few days it has been revealed .

The suspects had fixed a private gadget in ATM Machines and recorded the ATM Card details including the passwords when the card holder inserts the card in to the machine it has been revealed. Afterwards they have made Fraudulent ATM Cards and remove the money from. the ATM Card holders account .

Authorities have advised the public to be aware people who are trying to fix gadgets by facing  backwards to  the CCTV Cameras fixed inside the ATM Rooms and informed on them to the Police.