Ex-cop loses P400K retirement fund to ATM fraud

MANILA, Philippines – A retired policewoman has sought the help of the National Bureau of Investigation (NBI) Cybercrime Division after she reportedly lost all her retirement fund amounting to almost P400,000 to ATM skimmers.

The victim, identified as Chief Inspector Anita Araullo who used to work as chief of the Women’s Desk of the Manila Police District, told the NBI all her life savings for the entire 31 years of service were emptied in mysterious series of transactions she found out has started a few years back.

For one day alone in August 2012, Araullo told investigators, she lost P100,000 in 10 consecutive transactions, despite having a daily maximum withdrawal limit.

ATM skimming is done by copying one’s ATM card data using a concealed device attached to the machine unknown to the users. (Click here to continue)

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