By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: EFCC Warns Nigerians of Rising ATM Switch Scams
Share
Sign In
Notification Show More
Latest News
ACOE Elects New Executive Team, Charged to Lead with Excellence in the Industry
Media News
Technovation girls urged to shape Nigeria’s future through STEM
Education Metro News
Abuja schools debate returns, focuses on youth, security, national development
Education News
Cardoso Named African Banker Central Bank Governor of the Year
Awards and Recognitions Business Metro News
Seplat Energy is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO
Business News Oil & Gas
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > News > Crime > EFCC Warns Nigerians of Rising ATM Switch Scams
CrimeNews

EFCC Warns Nigerians of Rising ATM Switch Scams

Publisher
By Publisher Published November 28, 2023
Share
1 Min Read
SHARE

The Economic and Financial Crimes Commission (EFCC) issued a warning to Nigerians, urging vigilance against ATM switch scammers, following a surge in complaints about this criminal activity.

In a statement on Tuesday, November 28, 2023, Mr Dele Oyewale, the Head of Media and Publicity for EFCC, shared insights from the commission’s investigations, revealing a connection between unauthorized withdrawals and ATM Debit Card switching or fraud.

Oyewale explained the scam, stating, “They swap the card in such a hurry that the customer would not notice and at the same time memorize the pin used in trying the fake cards.” He emphasized that this deceitful practice often occurs under the guise of assisting a confused bank customer at an ATM, where the fraudster quickly abandons the victim after the card gets stuck due to a wrong pin.

- Advertisement -
Ad image

“This card swapping typically happens in any service delivery point, such as Point of Sale (POS) terminals, and ATM points, among others,” Oyewale cautioned.

The agency also stressed the importance of remaining vigilant at such points to avoid falling victim to these scams.

Like this:

Like Loading...

Related

You Might Also Like

ACOE Elects New Executive Team, Charged to Lead with Excellence in the Industry

Technovation girls urged to shape Nigeria’s future through STEM

Abuja schools debate returns, focuses on youth, security, national development

Cardoso Named African Banker Central Bank Governor of the Year

Seplat Energy is Redefining Nigeria’s Energy Destiny – Roger Brown, CEO

TAGGED: ATM Machines, EFCC, Fraud

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher November 28, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Nigerian Army Condemns Attack On Troops, Patrol Vehicles During Protests In Nasarawa
Next Article Farmers Directed To Remove Produce To Avert Clashes In Katsina
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

ACOE Elects New Executive Team, Charged to Lead with Excellence in the Industry
Media News May 31, 2025
Technovation girls urged to shape Nigeria’s future through STEM
Education Metro News May 30, 2025
Abuja schools debate returns, focuses on youth, security, national development
Education News May 30, 2025
Cardoso Named African Banker Central Bank Governor of the Year
Awards and Recognitions Business Metro News May 30, 2025

You Might also Like

MediaNews

ACOE Elects New Executive Team, Charged to Lead with Excellence in the Industry

May 31, 2025
EducationMetroNews

Technovation girls urged to shape Nigeria’s future through STEM

May 30, 2025
EducationNews

Abuja schools debate returns, focuses on youth, security, national development

May 30, 2025
Awards and RecognitionsBusinessMetroNews

Cardoso Named African Banker Central Bank Governor of the Year

May 30, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d