An ATM card fraud case study is described. Chennai police arrested a 22-year-old man, Deepak Prem Manwani, for breaking into ATMs and stealing Rs. 7.5 lakh. He was part of an international gang involved in cybercrime. The gang created fake websites resembling reputed companies to steal people's personal details like PIN numbers. When complaints arose in the US, the FBI investigated and alerted Indian authorities. Manwani has since been released on bail while the police believe this marks progress in dismantling a major cybercrime ring.

1. TYPES OF FRAUDS
REALTED TO ATM
CARDS
VISHNU RA J J

2. CONTENT
• WHAT IS ATM
• ATM CARD
• HISTORY OF ATM
• FUNCTIONS OF ATM
• HOW TO AVOID ATM CARD FRAUDS
• CASE STUDY

3. WHAT IS AN ATM ?
• An automated teller machine (ATM) is a computerized
telecommunications device that provides the customers
of a financial institution / bank with access to financial
transactions in a public space without the need for a
human clerk or bank teller round the clock (24 hrs a
day)
• Banks have been deploying ATMs to increase their
reach.

4. ATM CARD
• On most modern ATMs, the customer is identified by
inserting a plastic ATM card with a magnetic stripe or a
plastic smartcard with a chip, that contains a unique card
number and some security information.
• Security is provided by the customer entering a personal
identification number (PIN).

5. HISTORY OF ATM
• The first Automated Teller Machine (ATM) was introduced in the year
1967 by Barclays Bank in Enfield Town in North London.
• The main objective of introducing the ATM was reducing customer’s
time, lesser bank distribution cost and enhancing the efficiency of
banking institutes.
• The first person to use the machine was Reg Varney of "On the Buses"
fame, a British Television programme from the 1960s
• The idea of a PIN stored on the card was developed by the British
engineer John Rose in 1965.

6. FUNCTIONS OF ATM
• 24-hour access to cash
• View Account Balances & Mini-statements
• Order a Cheque Book / Account Statement
• Transfer Funds between accounts
• Refill your Prepaid card
• Pay your utility bills
• Deposit cash or cheques
• Change your PIN
• Learn about other products

7. HOW TO AVOID ATM CARD FRAUDS
• Change your PIN at regular interval
• Cover ATM/POS keypad while entering PIN
• Memorize your PIN. Avoid writing it on your ATM card or anywhere else.
• Avoid using your birthdays and anniversary date as you PIN
• Ensure to register/update your mobile number in your account to receive
• SMS about debit card and other transactions in the account.
• Never share your OTP
, debit card PIN/details with anyone
• Do not respond to any SMS, email or call asking you to share your ATM PIN
or any other confidential data
• Not more than one person at a ATM is allowed inside the ATM

8. • Get Banking Alerts
• Go Paperless
• Don't Make Purchases With Your Debit Card
• Stick to Bank ATMs
• Destroy Old Debit Cards
• Don't Keep All Your Money in One Place
• Beware of Phishing Scams
• Protect Your Computer and Mobile Devices
• Use a Secured Network
• Don’t use public Wi-Fi

9. CASE STUDY
• The Chennai City Police have busted an international gang
involved in cyber crime, with the arrest of Deepak Prem
Manwani (22), who was caught red-handed while breaking into
an ATM in the city.
• They have netted a man who is on the wanted list of the
formidable FBI of the United States.
At the time of his detention, he had with him Rs 7.5 lakh
knocked off from two ATMs in T Nagar and Abiramipuram in
the city. Prior to that, he had walked away with Rs 50,000 from
an ATM in Mumbai.

10. • Manwani is an MBA drop-out from a Pune college and served as a
marketing executive in a Chennai-based firm for some time.
• Interestingly, his audacious crime career started in an Internet cafe. While
browsing the Net one day, he got attracted to a site which offered him
assistance in breaking into the ATMs. His contacts, sitting somewhere in
Europe, were ready to give him credit card numbers of a few American
banks for $5 per card. The site also offered the magnetic codes of those
cards, but charged $200 per code.
• The operators of the site had devised a fascinating idea to get the personal
identification number (PIN) of the card users. They floated a new site which
resembled that of a reputed telecom company’s.
• That company has millions of subscribers. The fake site offered the visitors
to return $11.75 per head which, the site promoters said, had been
collected in excess by mistake from them.
• Believing that it was a genuine offer from the telecom company in
question, several lakh subscribers logged on to the site to get back that
little money, but in the process parted with their PINs.

11. • On receipt of large-scale complaints from the billed credit card
users and banks in the United States, the FBI started an
investigation into the affair and also alerted the CBI in New Delhi
that the international gang had developed some links in India
too.
• Manwani has since been enlarged on bail after interrogation by
the CBI. But the city police believe that this is the beginning of
the end of a major cyber crime.

12. THANK YOU