Miscreants are now using the ATM cash trapping technique to deceive customers in Bhubaneswar and Puri.
Now, fraudsters are utilizing ATM cash-trapping techniques to deceive people of their hard- earned money. ATM cash trapping is a method employed by fraudsters to target an ATM and pilfer money without causing any physical damage.
Arpit Pattnaik
There has been an increase in digital transactions across the country. However, people continue to rely on banks and ATMs to meet their monetary needs. It is important for individuals visiting ATM kiosks to be extra cautious as criminals are using new tactics to deceive people.
Fraudsters are now using ATM cash-trapping methods to swindle people out of their hard-earned money. Cash trapping is a method used by criminals to tamper with an ATM and steal money without causing any physical damage.
Reports indicate that in this type of fraud, criminals insert a device into an ATM, causing the machine to block the release of money. As a result, the cardholder may believe that the ATM is dysfunctional and that the cash will be returned in case of a failed transaction.
The device installed by criminals traps the cash that is supposed to be dispensed to the customers. When a customer enters their PIN to withdraw cash, the money is deducted from their account but no cash is dispensed. The customer often assumes that there is a cash shortage in the ATM and that the money will be refunded by the bank.
After reviewing CCTV footage, it has been discovered that such crimes have occurred in various parts of Puri and Bhubaneswar. At least 5 cases have been reported in Bhubaneswar alone. The Commissionerate P
