Massive B.C. Fraud Hits Debit-Card Users

[Admin]

Source: CBC News
Posted: 11/20/09 8:35AM
Filed Under: Canada (http://news.aol.ca/canada)
There has been a massive debit-card fraud in B.C.'s Lower Mainland involving thousands of cards and possibly millions of dollars, CBC News has learned.
The fraud was committed through compromised debit machines at stores in the communities of Ladner, Delta, Langley, Surrey and possibly Vancouver.
It appears debit-card pads were replaced with pads equipped with devices that transmitted PIN numbers and transaction information to a criminal organization.
CBC has learned the fraud involved some Safeway food stores, a credit union in Langley and a number of independent retailers.
Most of the pads that were compromised were owned by TD Canada Trust. Anyone affected will be reimbursed, the bank said.
Kelly Hechler, the bank's senior corporate communications manager, told CBC News the bank is hoping new chip technology in debit cards will help eliminate this kind of crime.
"It is really a good thing that chip is rolling out and that we're as far along as we are in getting chip cards out to people," Hechler said.

[4mods]

Times like this its good to be broke!



jk, that sucks but good on the bank for stepping it up. They are suppose to be our security though.

[DVO]

Yep... Xmas is coming... So does the fraud, theft and so on that goes with it... They do this 'cos TOO many ppl use debit cards and it's SO easy to fudge a machine... They go on, distract the person<s> behind the counter and replace it with a fudged one...

This happens every year around this time... Until the new year, I'd suggest y'all be wary of the machines.. They can get ya anywhere... Just pay attention to the machines you use in your regular places... If it looks slightly different, tell the counterperson... Save yerself being robbed and not having any $$ until AFTER Xmas...