Banks keep an eye out for syndicates
SA's big four banks are on high alert for international ATM fraud syndicates planning to cash in on unsuspecting local customers and visitors during the World Cup, reports Business Day.
'Debit and credit card fraud at ATMs is on the increase (and) crime prevention agencies believe criminal syndicates have geared up for the influx of international visitors due in the country in June and July,' said Jan Kruger, head of card fraud management at Absa. 'Criminal syndicates follow international tourists to big sporting events around the world (and) these syndicates may be active in SA during the World Cup as they were in Germany before, during and after the 2006 event,' he is quoted in the report as saying. Full Business Day report