Lebanese loop
n.— «This devise has been dubbed the “Lebanese loop” as has been used by Lebanese suspects.…As with most, some evolution has taken place. The new loop devices apparently skim the data and collect the PIN all at once when the card is inserted.» —“Heads Up Alert: The Lebanese Loop” Heads Up Fraud Prevention Association (Edmonton, Alberta) June 7, 2002. (source: Double-Tongued Dictionary)
Further reading
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