Thieves employ unique trick to steal cash from SBI ATMs

Jun 22 2021 07:14 PM
Thieves employ unique trick to steal cash from SBI ATMs

Thieves ha e always been talented coming up with new series of thefts idea. Recently, thieves robbed SBI ATM at Chennai using a unique method, without physically tampering the machine.

The modus operandi of the criminals has been to target the withdrawal-cum deposit machines. Notably, the theft via this method does not raise an alarm in an ATM, unlike the cases where the machine is physically damaged or tampered with. While performing a withdrawal transaction, the criminals block a sensor on the machine. This is a sensor meant to detect whether the cash has been collected or not. In about 20 seconds, when the cash is not collected the machine would take the cash back in. But what if the sensor is blocked? When the sensor is blocked, the machine assumes that the cash has not been withdrawn and takes the cash back in. Hence, the money goes into the hands of the criminals, but the same does not reflect in the bank’s system or the concerned account. Over Rs 10 lakhs have reportedly been fraudulently withdrawn from such machines. Two special teams have been formed to nab the culprits.

Meanwhile, SBI temporarily suspend the withdrawal of cash from the involved ATM cum deposit machines. Senior SBI officials have also met the Chennai Police Commissioner to discuss the further course of action.

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