Scotiabank is maintaining that the safety and security of customers' accounts remains a priority, in light of a video showing police removing skimming equipment from its Freeport branch.
The bank issued a statement on the topic on Friday.
"The safety and security of our customer accounts and information is a top priority at Scotiabank, and is a responsibility we take very seriously," Scotiabank said.
Two sales clerks have been jointly charged with conspiracy to defraud Republic Bank Limited of sums totaling $113,516.35, between November and December 2018.
Troy Mohammed, 26, of St. Augustine and Tiffany Batson-Joseph, 29, of San Juan, were arrested and charged with the offense, following an investigation into a report of alleged card skimming at a clothing store, located along the Eastern Main Road, Tunapuna.
Minister of National Security Stuart Young has told the Senate that over $27 million have been stolen from bank customers via skimming.
The minister was responding to a question posed to him on the Senate Order Paper.
He told the meeting that the Police Service received 3,044 reports of card-skimming over the period January 01, 2017 to November 15, 2018, amounting to $27,482,292.22 being skimmed illegally.
The minister said he did not have information on how much has been recovered.
Skimmers have reportedly successfully stolen close to $.2 million from bank accounts belonging to Scotiabank customers.
In the latest scam, which police said occurred on Friday between 8 pm and 11 pm, money was withdrawn from bank accounts through card skimming.
Victims from Friday had as much as $5,000 withdrawn from their accounts.
Yesterday, two of the victims contacted the T&T Guardian and said they had lodged official reports at the T&T Police Service’s Fraud Squad and Scotiabank’s Port-of-Spain head office.
Widespread panic was reported today as several Royal Bank of Canada (RBC) customers said their bank cards had been skimmed and thousands of dollars from their accounts had reportedly gone missing.
Skimming refers to the use of fraudulent methods to obtain customer details by “skimming’ their debit and credit cards at point of use, whether ATM or point of sale.
Most commonly the modus operandi involves introducing a mechanism that ‘skims’ – retrieves and records data, off customer cards.