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ABA: The American Bankers Association
Infographic

Card Cracking Infographic

  • Published April 30, 2015

Responding to an online solicitation for 'easy money' and providing a debit card for withdrawal of fake check deposits

Card Cracking

A Typical Card Cracking Scenario

  1. A fraudster sends you a social message to "make quick cash".
  2. Enticed by the promise of money, YOU provide the scammer a debit card, PIN or online credentials—giving them direct access to account.
  3. The fraudster deposits a fake check in your account.
  4. Money is withdrawn immediately at an ATM.
  5. The fraudster gives the account holder a kickback.
  6. YOU call the bank to report a lost or stolen card, or compromised credentials.
  7. Bank reimburses the stolen funds to YOU.
  8. YOU are now a CRIMINAL ACCOMPLICE.
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