06 Jan '12, 10pm

Evidence points to card skimming in DBS ATM fraud, says it believes "the situation has been contained"

Singapore - As DBS branches and ATMs across the island yesterday saw long lines of anxious customers checking if they were among the hundreds of victims who have had thousands of dollars fraudulently withdrawn from their accounts, the Singapore bank said it was "not aware" of any new cases being reported and believes "the situation has been contained". At latest count, a total of some 400 POSB and DBS customers holding ATM and debit cards have had about S$500,000 fraudulently withdrawn from their accounts over Wednesday and Thursday. Yesterday, the bank assured affected customers that they would be fully compensated by the end of the day. While investigations are still underway, DBS said in an update yesterday evening "increasing evidence points to the unauthorised withdrawals being part of a card skimming operation". DBS said preliminary investigations had revealed that t...

Full article: http://www.todayonline.com/Singapore/EDC120107-0000058/Ev...

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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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By Conrad Tan The Business Times Saturday, Jan 07, 2012 DBS Group has lost $500,000 to fraudsters who withdrew the cash fr...

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straitstimes.com 06 Jan '12, 11pm

People queueing at the POSB branch in Tiong Bahru Plaza, while a POSB staff member (right) answers queries from people wai...

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channelnewsasia.com 07 Jan '12, 2pm

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straitstimes.com 06 Jan '12, 11am

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straitstimes.com 07 Jan '12, 10pm

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todayonline.com 06 Jan '12, 11am

SINGAPORE - Preliminary investigations have narrowed the card skimming operations, which led to fraudulent withdrawals fro...

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channelnewsasia.com 06 Jan '12, 10am

SINGAPORE: DBS Bank on Friday said it has found 400 cases of unauthorised withdrawals from the accounts of its customers. ...

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channelnewsasia.com 06 Jan '12, 7am

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straitstimes.com 05 Jan '12, 11pm

DBS Bank has the widest network in Singapore with 1,300 ATMs and cash acceptance machines across the island for its 4.3 mi...