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A skimming crime may be simple tax evasion: the owner of a business may fail to "ring up" a transaction and pocket the cash, thus converting a customer's payment directly to the owner's personal use without accounting for the profit, thereby the owner avoids paying either business or personal income taxes on it.
In contrast to other types of skimming such as ATM skimming or hacking an online merchant web page, RFID skimming requires little or no technical expertise. In order to execute ATM skimming, the criminal needs to custom build a device, then place that device inside an ATM and later pick up the device after the victims have used it.
Skimboarding, also skimming, a sport which involves riding a board on wet sand or shallow water; Snowmobile skipping, also known as skimming, operating a snowmobile on water; Stone skimming, skipping or bouncing a stone on a water surface
Skimming is a process of speed reading that involves visually searching the sentences of a page for clues to the main idea or when reading an essay, it can mean reading the beginning and ending for summary information, then optionally the first sentence of each paragraph to quickly determine whether to seek still more detail, as determined by the questions or purpose of the reading.
A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal.
Skimboarding or skimming is a boardsport in which a skimboard (much like a surfboard but smaller and without fins) is used to glide across the water's surface to meet an incoming breaking wave, and ride it back to shore. There are currently 3 U.S. based competitive organizations including Premier Skim, Skim USA, and the United Skim Tour.
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Equity stripping, also known as equity skimming, is a type of foreclosure rescue scheme. Often considered a form of predatory lending , equity stripping became increasingly widespread in the early 2000s.