Motorists across the UK have fallen victim to a huge oraganised credit card skimming scam, that allegedly aims to fund the activities of the separatist Tamil Tiger group in Sri lanka.

The scam operates via customers having their cards skimmed when they pay for petrol using chip n Pin cards. The skimming process copies the card and keeps a copy of the pin entered onto the Chip n Pin terminals. These are then duplicated to a new card and used in small purchases or withdrawals over a period time.

According to the Sri Lankan High Commission, Maxwell Keegel, the skimmed information is sent to Tamil Tiger operatives via the significant Tamil expatriate community in the UK, who may have been forced by Tamil Tiger agents to operate the fraud.

Some 200 petrol stations are under suspicion out of a total base of some 10,000.

Many motorists are now only paying with cash at petrol stations. Statistics reveal that 62% of Chip n Pin fraud in the UK is conducted at petrol retail stations. Therefore caution is advised, especially at small independent petrol station. However, the Credit Card companies should cover the fraud should you fall prey to it.

By Shahla Walayat
http://www.moneyforums.co.uk

The UK Money Saving & Investing Forums is a free online publication providing, FREE Online Tools including Credit Score Calculator and the Savings Calculator . Money Saving Guides such as Credit Card Stoozing , Savings Tree , Money Saving Guide . Personal Finance Discussion Forums open to ALL, supported by experienced moderators, to discuss any personal finance topics from 0% Credit card deals , to the state of the UK Housing market . The best Savings & Deposit Accounts etc.

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