Related News: Double swiping, Grabbing, Skimming are some common ATM fraud. The terms sound a lot like the phrase "money-grubbing." And that's exactly what they mean, except in these scams, no one actually clutches a stack of bills in his fist. Aside from actually sticking a gun in your face and taking your cash, these are the primary methods by which thieves separate you from your money at an ATM. Double swiping, the oldest, most common method, involves a waiter or a store employee taking your card at the cash register, swiping it in the correct device, then swiping it in a second device that captures the card number. A few years ago, grabbing was in vogue. In grabbing cases, a thief would affix a device (or sometimes just chewing gum) to a card reader, which would grab the card so that the owner couldn't remove it. Sometimes, in a more elaborate scam, the thief would offer to help the stuck consumer, suggesting that he or she try to enter the PIN a few more times while the thief observed and memorized it.
