Hello friends,
This is my "firstpost", acknowledging you about the latest kind of fraud. The man behind this is an accounts auditor in a company, who made transactions on behalf of company and got this idea, and later he also searched the different videos on youtube about ATM Fraud to know how to make money through "shortcut". He used his ATM Card and several other cards of his family members to conduct this challenging fraud. He almost got a big big amount around 22 million INR from this fraud. He couldn't be caught, if the bank didn't lodge an FIR against this fraud. Now the actual fraud process was like this: He went to an ATM booth, insert the ATM Card in slot almost like all we do, type his pin, select his account type, feed the required amount and proceed to cash withdraw. The ATM machine eject the exact money , but the "turning key point" here was to leave the upper and lower currency notes in the machine as it is until time out and pull all the middle currency notes. In this condition , the machine assumes that currency notes has not be pulled and taken back by machine. A transaction slip thereafter also received which shows that no transaction has been done and the account balance remain same. That was the Fraud. Bank then got suspect on some transactions in various accounts and finally this 'broad minded' ! [pic1.jpg](https://cdn.steemitimages.com 