How many people have been convicted of ATM fraud?
There have been dozens of people convicted within the UK, usually members of gangs that attach “skimmers” to ATMs, or sabotage Point-of-Sale terminals. Many more have been convicted internationally, and ATM fraud severely damages bank revenue streams in developing countries. When it comes to insider fraud, banks rarely prosecute, so it is much more difficult to tell the incidence. Occasionally there are convictions of bank employees at branches or credit card issuing centres, but it is not usually related to card fraud or methods of extracting PINs.
