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Banks Fortify ATMs After Cash Trapping Fraud Spreads

Authorities have disrupted cash trapping attempts by upgrading video monitoring, extending mechanical protections, sealing off dispenser flaps.

Overview

  • Sparkasse and Polizei Mecklenburg-Vorpommern this week issued official alerts after recording a spike in Cash Trapping schemes at ATMs.
  • In these frauds, criminals attach an adhesive-lined flap over the cash chute so dispensed notes stick inside and customers assume a technical failure.
  • Unaware victims often leave before retrieving banknotes, allowing perpetrators to return later and collect the trapped money.
  • Banks are enhancing video surveillance, reinforcing mechanical safeguards and at least one major bank has temporarily removed all its ATMs to reassess security.
  • The Polizeiliche Kriminalprävention der Länder und des Bundes advises covering PIN entry, inspecting machines for unusual attachments and staying at the ATM until cash is dispensed or staff arrives.