• Fri
  • Jul 11, 2014
  • Updated: 1:33am

Automated Teller Machine

All steamed up

Hong Kong has a reputation for being a good place to park hot money, the result of liberal investment rules, an unstable global economy and our proximity to the mainland's multiplying wealth. It goes into bank accounts, the stock market and the property sector.

Sunday, 27 May, 2012, 12:00am

Trio jailed for role in atm gift cards scam

Three Romanians were sentenced to three years in jail yesterday for withdrawing more than HK$1.5 million from Hong Kong banks by fooling their automated cash machines with doctored British gift cards.

22 Nov 2011 - 12:00am

Gold ATM offers capital one-upmanship

In times of economic crisis, cash is king. But in times of stagflation - which occurs when the economy is not growing but prices are - gold is the emperor.

The arrival at the weekend of the first gold-bullion vending machine in Beijing seems to bear this out.

26 Sep 2011 - 12:00am

ATM scam netted HK$800,000

Bank security is under renewed scrutiny with the arrest of a gang of international conmen who withdrew more than HK$800,000 from two ATM machines over a two-week period using blank cards with magnetic strips encoded with stolen data.

18 May 2011 - 12:00am

Lai See

Bashford, the man who just keeps on bouncing back

15 Apr 2011 - 12:00am

Boy, 17, used incense sticks to scorch classmate

A 17-year-old boy detained a classmate for three days, scorching him with lighted incense sticks and taking money from his bank account.

O Chun-yeung and his girlfriend took HK$1,900 from Man Ho-chuen's bank account after scaring him into giving them his PIN number.

13 Jul 2010 - 12:00am

For sale to budding scammers: real ATMs to fool public

Conniving crooks on the mainland could be just a few mouse-clicks away from their next scam.

Bank cash machines and related components are available for sale through mainland auction websites.

23 Jun 2010 - 12:00am

HK$280,000 stolen as fraudsters target ATM

About HK$280,000 disappeared from 10 HSBC accounts after customers used an ATM in Tsim Sha Tsui last week, it was revealed yesterday.

A pinhole camera and a card-reading device - commonly known as a 'skimmer', which is placed inside the card slot of an ATM - had probably been installed, according to a person familiar with the situation.

28 Apr 2010 - 12:00am

Fake banknote withdrawn from cash machine

A counterfeit banknote smaller than a normal note was withdrawn from a Bank of China cash machine at University station last week.

Yesterday a businessman surnamed Yu said one of the 100 yuan (HK$114) banknotes, among 15 he withdrew from the automated teller machine (ATM), was a suspected fake, smaller, thinner and smoother compared with a real one.

22 Dec 2009 - 12:00am

Banks join chorus of complaints about Link

Rent increases at former government shopping malls operated by The Link Management have brought a mounting chorus of complaints from businesses ranging from market stalls to medical practices - and now banks.

The city's lenders say sharp rent rises and lack of choice are blocking their efforts to improve services on public housing estates despite three years of negotiations.

24 Nov 2009 - 12:00am

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