ATM crooks in San Francisco have a clever trick: they glue down the ENTER, CANCEL and CLEAR buttons on an ATM, and wait for customers to go into the bank to complain. The fraudsters then complete the transaction using the on-screen equivalents -- the victim having already keyed in a PIN -- and skip away before the victim comes back out.
Since January, there have been four such thefts in the Richmond District alone, Corriea said.
"And you have to figure it's not always reported to us," Corriea said.
Often, bank customers don't notice the thefts for days, San Francisco police spokesman Officer Albie Esparza said.
"Best thing for consumers is to monitor their bank account," Esparza said.
There are several nonviolent ways crooks can steal cash from ATMs, but the glue method is less risky, Corriea said.
A thief caught applying glue to an ATM would be slapped with a misdemeanor vandalism charge, but likely won't face a felony fraud charge because it isn't easy to prove that the crook intended to steal, Corriea said.
In Insurance coverage of customers induces dishonesty of sellers in markets for credence goods , a research paper in PNAS by German and Austrian economists, the authors show experimental evidence that electronics repair shops are more likely to overcharge for labor when their customers have insurance.
Techpowerup caught hardware giants MSI and Asus shipping them graphics cards that were preset for a software-based overlock mode, meaning that the cards performed better out of the box for reviewers than they would for customers.
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