06 Jan '12, 10am

DBS Bank finds 400 cases of unauthorised withdrawals

SINGAPORE: DBS Bank on Friday said it has found 400 cases of unauthorised withdrawals from the accounts of its customers. And it expects to pay out half a million dollars in compensation - by the end of Friday. The bank said it has identified two ATM machines at Bugis that were compromised. It narrowed down the affected dates to three days in late November and has contacted 2,700 customers who used the two ATM machines on those dates. DBS said preliminary investigations found no skimming devices that could have been used to clone the ATM cards at the two ATMs. The bank said all its ATMs have always had anti-skimming devices and preventive measures were always in place. But checks with the victims indicated the machines were the common denominator. The bank said the situation is contained. It was the largest fraud case for DBS to date, the bank added. The compensation is no...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

Tweets

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channelnewsasia.com 05 Jan '12, 11am

SINGAPORE: Police are investigating several cases of unauthorised withdrawals from POSB and DBS Bank accounts allegedly ma...

So much? QT @singaporezone: DBS says compensati...

I am a Malaysian and I am curious that Anonymous is unaware that bank customers can withdraw money from foreign atm machin...

400 POSB, DBS customers affected by ATM fraud

channelnewsasia.com 06 Jan '12, 3pm

SINGAPORE: About 400 POSB and DBS Bank customers were affected by the largest ATM fraud in Singapore. DBS on Friday said i...

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sg.news.yahoo.com 05 Jan '12, 11am

said they were investigating unauthorised withdrawals after the banks’ customers reported seeing fraudulent deductions fro...

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STOMPers have written in STOMP, warning DBS and POSB account holders to beware of unauthorised cash withdrawals from Malay...

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straitstimes.com 05 Jan '12, 11pm

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Singapore - In what is believed to be the largest case of its kind to hit any bank in Singapore, around 200 customers here...

DBS' reputation may be hit

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channelnewsasia.com 06 Jan '12, 3pm

SINGAPORE: DBS Bank's reputation may be hit following a string of fraudulent withdrawals of funds involving 400 of its cus...

マレーシアはスキミング多いですね これ件数少ないしマレーシアで買い物にNETS(BANKCARD)使った時スキミングされたのかも DBS/POSBの口座から無断で千ドル引き出される事件

マレーシアはスキミング多いですね これ件数少ないしマレーシアで買い物にNETS(BANKCAR...

channelnewsasia.com 05 Jan '12, 1pm

SINGAPORE: Police are investigating several cases of unauthorised withdrawals from POSB and DBS Bank accounts allegedly ma...