Blog | G5 Cyber Security

Charges in ATM Skimming Scheme

A Romanian man faces charges that he directed a large-scale ATM skimming scheme. The scheme defrauded Wells Fargo, Citibank, TD Bank and other financial institutions out of at least $5 million, prosecutors say. The devices, which were installed on multiple ATMs in New Jersey, New York, Connecticut and Florida, were used to steal thousands of bank accounts numbers and personal ID numbers. Fraudulent ATM cards were then created and used to withdraw millions of dollars from customers’ bank accounts.”]

Source: https://www.databreachtoday.com/charges-in-atm-skimming-scheme-a-6494

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