Fraudsters in New Hampshire are increasingly targeting residents through a combination of skimming devices, impersonation scams, and cryptocurrency ATMs, according to a recent report. As these tactics become more sophisticated, authorities are urging the public to recognize warning signs and take proactive steps to protect their funds. Here’s what you need to know to stay one step ahead of these rising threats.

The Growing Threat of Skimmers and Scammers

Skimming devices, which are illegally installed on ATMs and point-of-sale terminals, are becoming more prevalent across the Granite State. These devices capture card data and PINs, allowing criminals to clone cards and drain bank accounts. Meanwhile, scammers are using social engineering—posing as government officials, utility companies, or tech support—to trick victims into handing over sensitive information or making immediate payments.

The convergence of old-school skimming with new-age crypto ATM rackets has created a perfect storm. Fraudsters now instruct victims to withdraw cash and deposit it into cryptocurrency ATMs, which are difficult to trace and offer near-anonymous transactions. This tactic has proven highly effective because it bypasses traditional banking safeguards and often leaves victims with little recourse.

How Crypto ATM Scams Operate

Crypto ATMs, also known as Bitcoin kiosks, allow users to buy or sell cryptocurrencies using cash or debit cards. Scammers exploit these machines by convincing victims that their bank accounts are compromised and that they must transfer funds to a “secure” digital wallet immediately. In many cases, the scammer provides a QR code or wallet address, and the victim deposits cash directly into the machine, which then converts it to crypto and sends it to the fraudster.

Red Flags to Watch For

  • Unsolicited calls demanding urgent action or payment in cryptocurrency.
  • Instructions to deposit cash into a crypto ATM for “safekeeping” or to “reverse fraudulent charges.”
  • Requests for personal information like Social Security numbers, bank credentials, or one-time passcodes.
  • Pressure to keep the transaction secret from family, friends, or bank staff.

Legitimate businesses and government agencies never require payment via cryptocurrency ATMs, nor will they ask you to transfer funds to a digital wallet for security reasons. If you encounter any of these warning signs, hang up immediately and report the incident to local authorities.

Protecting Yourself from Fraud

While no method is foolproof, simple precautions can dramatically reduce your risk. First, always inspect card readers for loose parts, unusual bulk, or mismatched colors before inserting your card. Cover the keypad when entering your PIN, and prefer ATMs in well-lit, bank-affiliated locations over standalone kiosks.

For crypto transactions, only use reputable, regulated exchanges and never respond to unsolicited requests involving cryptocurrency. If you receive a call from someone claiming to represent a company or government agency, hang up and call the official number listed on their website. Additionally, consider enabling two-factor authentication on all your financial accounts and setting up transaction alerts to catch unauthorized activity early.

What to Do If You’ve Been Targeted

If you suspect you’ve been a victim of a skimmer or crypto ATM scam, act quickly. Contact your bank or credit card company to freeze accounts and dispute unauthorized charges. File a complaint with the Federal Trade Commission (FTC) and report the incident to your local police department. For crypto-related fraud, you can also notify the exchange or platform involved, though recovering funds may be challenging if the transaction has been completed.

New Hampshire officials are working with financial institutions and law enforcement to combat these schemes, but public awareness remains the first line of defense. By staying informed and cautious, you can protect yourself from becoming the next statistic.

Key Takeaways

  • Skimmers are on the rise: Always inspect card readers and cover your PIN.
  • Crypto ATM scams are dangerous: Never deposit cash into a machine at a stranger’s request.
  • Verify before you act: Contact organizations directly using official channels.
  • Report promptly: Notify your bank, the FTC, and local police if you suspect fraud.

Stay vigilant and share this information with friends and family—especially those who may be less familiar with cryptocurrency. Awareness is your best defense.