ATM theft on Credit Card

wacko911

I would have to agree that Chip and Pin is consider to be pretty secure. If someone has cracked it then there would be a lot of posts on here and all over the internet about people being ripped off.

I have no reason to doubt the OP unless your a troll (sad fact of forums sometimes) then there is no reason to come on here and tell a load BS.

So... trying to get to the facts:
Where do you normally keep your card? Wallet/Purse. Where excatly would your card have been when these transactions took place? A locker/drawer in work maybe or the same location at home?

I don't think any ATMs in the UK will work off the strip anymore, someone can test this by putting a bit of tape over the chip at the ATMs that were used and find out. That most likley means YOUR CARD WAS USED. If it wasn't used by you then it was clearly used by someone very close to you who would have access to it on a daily basis. Is this possible? I would instantly rule out anyone in work as it was over 8 days and most people only work 5 days in a row.

Could the bank have reissued you with a new card (with the same number) as your card was about to expire? In these cases the card number is usually the same and it can arrive upto a couple of months early.

If someone knew your PIN then that would explain a lot.

It's pretty easy to get someone you live with PIN. Its usually the same as the house alarm, their phone lock pin, sky pin or they have given it to you at some point or seen it on a letter. (Some people are muppets and cant seem to remember more than one set of 4 digits).

Any of the above possible OP?

Slightly off topic but here is my technique for having different PIN's for different cards....

Come up with you own secret 4 digit number - This is the only number you ever have to remember! You never ever actually use this as your pin. When your new card arrvies with it's own random pin - DONT CHANGE IT. Simply subtract your secret number from it and write this on the signature strip as PIN:XXXX.

Now if some brightspark finds you card lying in the street, they are going to go the ATM and try the number you have written on the back thinking it's owner is a compete muppet. 3 attempts later and the machine keeps the card.

Otherwise while you are quing up to pay for your goods, you just add the secret number to the number you have written on the back of the card to obtain the PIN to use.

Example: Your secret number is 1234
Your new cards random pin is 5454
The number you write down is 4220 (5 -1 = 4, 4 - 2 = 2, etc.)

I must admit I get some strange looks when i've messed the addition up in my head and have to take the card back out of the machine to look at the 'pin' number on the back.

SnowTiger

wacko911 wrote: »

I would have to agree that Chip and Pin is consider to be pretty secure. If someone has cracked it then there would be a lot of posts on here and all over the internet about people being ripped off.

Yes, that's quite a big negative.

wacko911 wrote: »

I don't think any ATMs in the UK will work off the strip anymore, someone can test this by putting a bit of tape over the chip at the ATMs that were used and find out.

OP mentioned these are Chip and PIN withdrawls.

Cashmachines in the UK may not fall back to magnetic strip if the chip doesn't work, but I'd be surprised it they can't use the magnetic strip at all.

Chip and PIN is a novelty for some foreigners.

http://www.forbes.com/sites/leoking/2014/10/21/is-the-us-finally-accelerating-a-move-to-chip-and-pin/:

Only two per cent of Americans have chip and pin enabled cards, according to the Smart Card Alliance.

And I have a few cards for savings accounts that only have a magnetic strip and no chip.

PeacefulWaters

nsalam wrote: »

Yes, it is plausible. Don't forget, if they collude internally, anything is possible

My initial instinct was to believe you.

Unfortunately, the more you post the less I believe you.

pvt wrote: »

An "8 day period" will encompass 9 daily withdrawal limits of £500. First withdrawal can be made just before midnight, last withdrawal just after midnight.

Thanks for that. While it should be obvious to me it wasn't.

Why are people giving the OP such a hard time here?

Because it fits the pattern of a fake fraud claim.

nsalam

I have maintained that the odds are stacked and hence the benefit of your experiences is what I'm interested in. You'll have to trust that I'm not making a fraudulent claim of course. I think having spent hard earned money on solicitor letters, hours of my time writing and collating evidence, chasing the Police, Ombudsman and the Halifax (since May last year) shows that I'm taking this very seriously. I hope it doesn't happen to you.