On a Friday evening you use a bar's ATM to withdraw $50 from your bank account.However,as you complete your withdrawal,your card gets jammed in the ATM machine.The individual waiting in line behind you approaches you and suggests re-entering your PIN number.You do.However,your card remains jammed.You leave the bar to call your bank to report the incident.However,after you left the individual who offered to help you removed a sleeve he inserted in the ATM to jam your card.He now has your ATM card and PIN number.You just fell victim to a ________ fraud.
A)tabnapping
B)Lebanese looping
C)phishing
D)pharming

Question

Quizplus · Accepted Answer

Lebanese looping is a type of ATM fraud where a device is used to trap the customer's card in the machine, and then a scammer offers to help and gets them to enter their PIN number again. The scammer then removes the trapped card and uses the PIN number to withdraw money from the customer's account. This scenario described in the question matches the characteristics of a Lebanese looping fraud. Tabnapping, phishing, and pharming involve different tactics and methods of fraud.

On a Friday Evening You Use a Bar's ATM to Withdraw