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.
Card skimming is when a trickster uses a card reading device to copy a person's account information when they swipe a debit or credit card.
Once fraudsters get the information, they can create a clone of a debit or credit card and use this clone to withdraw large amounts of money from accounts.