The Economic and Financial Crimes Commission (EFCC) said it has been inundated with barrage of complaints from well-meaning Nigerians concerning unauthorized withdrawals from their bank accounts, which investigations by the Commission have linked to Automated Teller Machine (ATM) Debit Card swapping fraud. The modus operandi of fraudsters involved in this nefarious practice involves keeping a debit card of the same bank, and in the guise of helping a confused bank customer at any ATM point, swaps the card in such a hurry that the customer would not notice and at…
Read MoreEFCC ALERTS NIGERIANS ON CURRENT ATM SWAP FRAUD, OFFER TIPS ON HOW TO SAFEGUARD BANK ACCOUNTS
