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The number of bank transfer scams involving automated teller machines plunged 64.2 percent last year to a record low 7,340 cases, thanks to an all-out police campaign that was backed by banks, the National Police Agency said Thursday.

The amount of money swindled in the billing scams tumbled 65.3 percent to about ¥9.58 billion, also the lowest since officials started compiling statistics in 2004, the year the fraud became a social problem.

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