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FIA recovers money withdrawn using data from 579 ATM cards

byCT Report
04/12/2017
in Business
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KARACHI: The Federal Investigation Agency (FIA) has claimed to withdraw money using data from 579 ATM cards.

Hundreds of citizens in Pakistan have lost millions of rupees over a couple of weeks after they fell prey to an Automated Teller Machine (ATM) skimming fraud.

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The schemers withdrew money in China, while the transactions were made in Karachi and Islamabad through the fraudulent scheme.

Account holders only came to know of the theft after being informed by their respective banks, the agency said.

A spokesperson for Habib Bank Pvt Ltd said that the bank’s has 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 the Cyber Crime Act.

The matter has also been raised on a diplomatic level with China. FIA officials say they have written letters to Chinese diplomats apprising them of the details of the fraud.

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