- The term “Lebanese loop” is applied to any number of similar devices that are used to perpetrate ATM fraud by retaining the user's card.
- A Lebanese loop is a device used to commit fraud and identity theft by exploiting automated teller machines (ATMs).
- According to the police this method of stealing bankcards is called the "Lebanese loop". A plastic envelope is made up that fits the hole in the machine perfectly.
- The instances of the Lebanese Loop method is also prevalent in countries such as the UK, the USA, Germany and France.
- But when it comes to Lebanese Loop, a type of ATM fraud, or a 419 scam where individuals are promised a significant sum of money for a small upfront...
- Lebanese loop n.— «Another common technique is known as the Lebanese Loop (named after a Lebanese crime syndicate that invented it).
- The Lebanese Loop. This rather low-tech scam involves the installation of a blocking mechanism that makes customers believe their cards have been...
- With the advent of skimmers that can capture the information off of a magnetic strip the Lebanese Loop appeared to be finished but it has made a resurgence.
- Police are warning of a rise in the use of devices known as a ‘Lebanese loop’ to steal ATM users’ cashpoint cards.
