North Vancouver RCMP is warning business owners to keep an eye on their “customers” after a spate of frauds using point of sale terminals.
In a common move of reverse charging, fraudsters can use debit and credit machines to electronically take cash from the register when the clerk isn’t looking.
Local businesses have reported losses from $20 to more than $9,000 in a single transaction in recent months, resulting in charge-backs to the merchant, according to a release from the RCMP.
“Criminals will often cause a distraction for the merchant at the time of a sale giving them extra time to manipulate the device for fraudulent purposes. With the busy Christmas shopping season upon us, police are offering tips to merchants to prevent POS fraud transactions from occurring to them,” Cpl. Richard De Jong said in a press release. “Be suspicious if the customer appears to be entering a large number of digits during the transaction or is taking an unusually long time to complete the transaction. Examine point of sale transaction receipts and verify how the transaction was processed. Watch for manual entry transactions, refunds, force post or offline transactions.”
Merchants should also keep a close hold of their “admin cards” and make sure they have difficult-to-guess pin numbers. Unlike most bank cards, admin cards are often white.
Anyone who has been victimized in a POS fraud is asked to contact police.
Read the full story over at the North Shore News.
This story was summarized by Canadian Fraud News Inc.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.