Fake ATMs: Should you worry?

Updated

A couple of weeks ago, Chinese police arrested a man who installed a fake ATM in Beijing that managed to steal the account information of unsuspecting customers -- information that was later used to empty their bank accounts.

The ATM, which was purchased from a legitimate manufacturer, was installed on a busy corner in Beijing and claimed to accept most major credit and bank cards. All transactions, however, resulted in a "temporarily out of service" message, and "customers who used this 'ATM' soon found that all their money in the bank account disappeared without a trace," according to a Beijing news report.

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