Blog | G5 Cyber Security

Guilty Plea in ATM Skimming Scheme

Mararius Vintila pleads guilty to conspiracy to commit bank fraud and aggravated identity theft. He defrauded Wells Fargo, Citibank, TD Bank and other financial institutions out of at least $5 million, U.S. officials say. The Romanian man’s ATM skimming operation is one of the largest ever uncovered by law enforcement, authorities say. He and his co-conspirators constructed sophisticated card-reader devices capable of reading and storing customers’ bank account information as the customers performed routine bank transactions at ATMs.”]

Source: https://www.bankinfosecurity.com/guilty-plea-in-atm-skimming-scheme-a-7861

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