Clever old Bobs

[DimPrawn]

BBC News - India-based gang held over £150,000 cash machine trick

India-based fraudsters who had found a novel way to steal money by tricking cash machines have been arrested, according to local reports.

The gang would request to withdraw large amounts of cash, but only take a portion of the notes, making the machine think none were taken.

The gang would then make a claim for the money to be put back into their account by their bank.

An expert told the BBC that such attempts in the UK would be futile.

"Theoretically it's possible," said Graham Mott, a spokesman for Link, the UK's cash machine network.

"But it will be spotted and will be investigated."

Investigators said the Indian gang would use a cash machine to make withdrawals of 10,000 rupees (£115), but would only take 9,900 rupees from the pile of dispensed money.

The remaining 100 rupees - the last note - would then be taken back in by the machine.

The gang would then claim back the 10,000 rupees, using the failed transaction notice as evidence of not receiving the cash.

[BrilloPad]

I once withdrew £100 - early nineties I think. Alliance and Leicester, King Street at junction with cheapside.

Money took AGES to come out - that had happened before and transaction rejected. On my account it showed -£100 and plus £100 where rejection had taken place. But in this case I had -£100 and +£100 : and I had the £100!

[xoggoth]

An Indian company just ordered a £3.20 guide from our website. It took about 6 emails before they figured out how to do it. And they emailed back the confirmation emails sent from our site and the card handler just in case we didn't have them.

PS Now we have another confirmation email with bits cut n pasted from the website confirming what their order was.

[KentPhilip]

I wonder what would happen with UK cash machines if you failed to remove all of the notes. Would it take back in the failed one?
I might have a go at that, but instead insert a note with a rude message for them.
Or maybe I'll just stick my tie in there, and go on a sit-down protest..

[AtW]

I might have a go at that, but instead insert a note with a rude message for them.

Don't forget to smile when you do it - you'll be on TV...

[SupremeSpod]

An Indian company just ordered a £3.20 guide from our website. It took about 6 emails before they figured out how to do it. And they emailed back the confirmation emails sent from our site and the card handler just in case we didn't have them.

PS Now we have another confirmation email with bits cut n pasted from the website confirming what their order was.

They're testing your systems looking for vulnerabilities.

You're f*cked or very soon will be.

[BolshieBastard]

I wonder what would happen with UK cash machines if you failed to remove all of the notes. Would it take back in the failed one?
I might have a go at that, but instead insert a note with a rude message for them.
Or maybe I'll just stick my tie in there, and go on a sit-down protest..

I dont think UK machines take the money back in hence the prompt to make sure you take your card and the money.

However, the LINK guy did acknowledge there could potentially be some flaw in their system.

[DimPrawn]

I dont think UK machines take the money back in hence the prompt to make sure you take your card and the money.

However, the LINK guy did acknowledge there could potentially be some flaw in their system.

They do take the money back, I know i've seen the machines pull the money back in.

Try it.

[Old Greg]

Maybe there's a LIBOR machine in the City of London. It all sounds rather familiar.

[OwlHoot]

They do take the money back, I know i've seen the machines pull the money back in.

Try it.

WHS - I once wandered off from a cash machine without actually taking the money. But I later found out it whisks it back in if not taken within about 30 seconds, and despite this happening in central London my money was safe.