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 Post subject: Chip & PIN Scam
PostPosted: Sat Feb 10, 2007 3:19 pm 
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Joined: Wed Jan 24, 2007 2:02 pm
Posts: 6
They said it probably wouldn't happen.

They said you wouldn't be liable for 'alleged' PIN missuse.

BBC1 TV' Watchdog thinks differently

6 February 2007
If someone stole your bank card and used it to withdraw money from your account before you had a chance to realise it was gone, you'd presume you were entitled to get your money back. Yet a number of Watchdog viewers have learned that this isn't always the case.

http://www.bbc.co.uk/consumer/tv_and_ra ... 0206.shtml

Only one of the 41 chip and pin machines they doctored has been found, meaning hundreds of people could have had their details stolen in the scam, with an 'incalculable' cost to the public.


in my judgment, you were instrumental in the significant increase in the level of credit card fraud since the chip and pin scheme was introduced, a scheme designed to combat if not eliminate this class of fraud.'


http://www.thisismoney.co.uk/news/artic ... _page_id=2

BLOG:

http://anmblog.typepad.com/this_is_mone ... e_on_.html

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 Post subject: Update
PostPosted: Sat Feb 24, 2007 5:08 am 
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Joined: Wed Jan 24, 2007 2:02 pm
Posts: 6
From Scotlands national broadsheet - The Scotsman (24 February 2007).

Shops Report Soaring Fraud with Chip and PIN

CARD crime has soared by more than 50 per cent since hi-tech chip and PIN cards were introduced in a bid to beat fraudsters, according to a survey.

http://news.scotsman.com/scotland.cfm?id=294302007

Meanwhile in England:

POLICE have admitted they don't yet know how many incidents of card-skimming or cloning have taken place across the region as it has been hit by a spate of thefts by international gangs.


http://www.portsmouthtoday.co.uk/ViewAr ... tionID=457

In the UK, card issuers do not inform cardholders if their PINs have been compromised, yet can hold consumers responsible for alegded PIN missuse.

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 Post subject: Chip PIN Scam
PostPosted: Fri Apr 29, 2011 12:20 pm 
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Joined: Sun Feb 27, 2011 8:25 pm
Posts: 2
Location: Papua New Guinea
That is pretty bad. I have seen a variant with the address changed to one in Wales. UK.


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