You Must Avoid This ATM Scam

In the ever-evolving world of ATM fraud, a new scam has emerged to target unsuspecting bank customers. Known as “tap and glue,” this cunning trick has already led to significant financial losses. Here’s how it works and what you can do to protect yourself.

The Mechanics of the Tap and Glue Scam

Tap and glue scams leverage the convenience of tap-to-pay technology at ATMs, combined with a simple but effective trick involving glue. Scammers first disable the card insertion slot by pouring glue into it, forcing customers to use the tap function. While this may seem like an easy fix, it sets the stage for the scam.

Once a customer taps their card and withdraws cash, they often forget to log out of their account. This leaves the session open, allowing the scammer to step in and continue withdrawing funds. The scam relies on the victim’s unfamiliarity with tap-to-pay procedures, making it a lucrative tactic for fraudsters.

Real-Life Incidents and Warnings

Several incidents have highlighted the effectiveness of this scam. Victims at Chase Bank ATMs in San Francisco reported significant losses after being tricked into using the tap function by seemingly helpful bystanders. These criminals, posing as fellow customers, suggested tapping the card when the traditional slot appeared jammed. Following this advice led to multiple unauthorized withdrawals from their accounts.

Banks and consumer protection agencies have since issued warnings, advising customers to be vigilant. The SESLOC Credit Union emphasizes examining ATMs for signs of tampering, such as glue residue or a blocked card slot, before proceeding with any transaction.

Preventive Measures

To safeguard against tap and glue scams or similar cons, follow these crucial steps:
1. Inspect the ATM: Always check for any signs of tampering, like glue or unusual scratches around the card slot. If anything looks suspicious, do not use that machine.
2. Log Out Properly: Ensure you log out of your account after completing a transaction, especially when using the tap function. This prevents any unauthorized access once you leave the ATM.
3. Be Cautious of Strangers: Be wary of anyone offering unsolicited advice about how to use the ATM. Scammers often pose as helpful individuals to lower your guard.
4. Monitor Your Accounts: Regularly check your bank statements and account activity for any unauthorized transactions. Early detection can help mitigate potential losses.

The Growing Threat of ATM Scams

Tap and glue scams are just one of the many evolving tactics used by scammers. Other methods, like skimming and jugging, also pose significant threats to ATM users. Skimming involves capturing card details using hidden devices, while jugging targets individuals right after they withdraw money.

These scams highlight the need for increased vigilance and awareness among bank customers. By staying informed and taking simple preventive measures, you can protect your finances from these deceptive tactics.

References: ATM thieves use glue and ‘tap’ function to drain accounts at Chase Bank | Skimming and Gluing: Two Criminal Practices to Watch For | ‘Jugging’ among new crime trends posing danger on America’s streets: What to know