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The Police Service warns credit card fraud is on the rise

The Police Service warns credit card fraud is on the rise

credit cards_0Credit Card fraud is on the rise in Trinidad and Tobago.

At this week’s Trinidad and Tobago Police Service Media Conference Acting Senior Superintendent attached to the Fraud Squad Unit, Totaram Dookhie highlighted the fact that in 2015 there were 157 reported crimes related to credit card fraud through skimming.

He explained that from January 2016 to present there have been 373 reported incidents.

As a result police were able to arrest forty-six persons who included nationals of Trinidad and Tobago as well as foreign nationals.

He is urging the public to be vigilant when using Automated Transaction Machines or ATMs as perpetrators are using devices to capture financial information of unsuspecting victims.

Technology on device used for credit and debit card transactions has also been modified for skimming cards without even coming into

physical contact with them.

Senior Superintendent Dookhie admitted that this is a global problem but the Fraud Squad is working in conjunction with the Cyber

Crimes Unit and local financial institutions to do all that it can to reduce the occurrence of these incidents.

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