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Four Indicted in $1.5M ATM Skimming Operation

Three Romanian men and one Austrian man were indicted on Monday by U.S. federal prosecutors for allegedly stealing more than US$1.5 million by cloning payment cards with stolen account information. The men are accused of so-called skimming, or recording account details from the magnetic stripe of payment cards while also capturing a person’s PIN (Personal Identification Number) The gang targeted accounts at Citibank and JP Morgan Chase and Co. between March 2010 and May 2011 in cities including New York, Miami and Chicago.”]

Source: https://www.csoonline.com/article/2128690/four-indicted-in–1-5m-atm-skimming-operation.html

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