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A Lebanese loop is a device used to commit … A Lebanese loop is a device used to commit fraud and identity theft by exploiting automated teller machines (ATMs). In its simplest form, it is a strip or sleeve of metal or plastic which blocks the ATM's card slot, causing any inserted card to be apparently retained by the machine, allowing it to be retrieved by the fraudster when the card holder leaves. Its name comes from its regular use amongst Lebanese financial crime perpetrators, although it has since spread to other international criminal groups. The scam has been reported in countries with high numbers of ATMs such as the UK, the United States, Germany and France.UK, the United States, Germany and France.
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rdfs:comment |
A Lebanese loop is a device used to commit … A Lebanese loop is a device used to commit fraud and identity theft by exploiting automated teller machines (ATMs). In its simplest form, it is a strip or sleeve of metal or plastic which blocks the ATM's card slot, causing any inserted card to be apparently retained by the machine, allowing it to be retrieved by the fraudster when the card holder leaves.the fraudster when the card holder leaves.
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rdfs:label |
Lebanese loop
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