Officials caution about increasing cryptocurrency ATM fraud in Hawaii
Rising Cryptocurrency ATM Fraud in Hawaii In Hawaii, there’s an alarming increase in cryptocurrency ATM fraud, posing a significant risk, particularly for seniors, as the holiday season approaches. Cary Lopez, the AARP State Director, referred to this scam as an “epidemic” during a briefing held on December 3 by the House Consumer Protection and Commerce […]
Suspected planned ATM robbery captured on video as various individuals escape the location
Video Showing Failed ATM Robbery at Walgreens The Pierce County Sheriff’s Office in Washington has released new footage of a botched attempt by thieves to steal an ATM from a Walgreens store. The video captures a group using a stolen truck to breach the store before taking off, highlighting what investigators are calling a well-planned […]
New Android malware allows immediate ATM withdrawals through your phone
New Android Malware Threats Smartphone banking has undoubtedly made transactions easier, but it’s also opened the door for cybercriminals. In recent years, instances of Android malware stealing passwords, intercepting one-time passwords (OTPs), and even controlling phones remotely have surged. Some scams rely on fake banking apps, while others employ phishing messages that prompt users to […]
Suspects in ATM jackpotting case take $175,000 in cash during theft, according to police
Authorities are currently on the lookout for a group of suspects involved in a recent ATM theft in Virginia, where they managed to take $175,000 from a machine, part of a troubling trend known as “jackpotting.” This method involves cyber-physical techniques where criminals access ATMs by either installing malware or using devices that manipulate the […]
Wisconsin senators introduce a similar bill to address crypto ATM scams
Lawmakers in Wisconsin have proposed a new bill that aligns with previous legislation put forth in the House of Representatives. Senator Kelda Lloyds, along with six other Democrats, recently introduced Senate Bill 386, which acts as a counterpart to Congressional Bill 384, which was also presented on July 31. This bill mandates that operators of […]
Undocumented Immigrant Sentenced to 10 Years in Prison for ATM Skimming Operation
Romanian Man Sentenced for Skimming Welfare Cards A Romanian national has received a 10-year federal prison sentence for his involvement in skimming thousands of electronic benefits transfer (EBT) cards, affecting recipients in New York and California. This information was disclosed by authorities on Monday. Catalin Marius Graur was sentenced by US District Judge Mark Scalci, […]
Every Greek bank in a single ATM
Greek Banks Consider Joint ATM Model Greek banks are actively exploring a shared ATM model to tackle the high expenses of developing and maintaining ATMs. This initiative follows new legislation aimed at eliminating cash withdrawal fees, while still promoting ATM development and expansion. This model has been effectively utilized in Portugal under the name Multibanco, […]
Summer youth job program debit cards linked to $17 million ATM fraud scheme: sources
A debit card issued by NYC for participants in the Summer Youth Program was exploited by a scammer who raked in $17 million within just three days earlier this month, according to sources. This fraud is currently under investigation, with reports indicating that ATMs across the city were targeted for substantial cash withdrawals from July […]
Authorities alert about ATM scam that has led to $70K theft from New Yorkers’ bank accounts
Authorities have issued a warning about a potential widespread ATM scam after a group of thieves stole at least $70,000 from elderly bank account holders on the Upper East Side. Surveillance footage has identified two men and one woman involved in at least nine similar incidents across various banks, such as Bank of America, Chase […]
JPMorgan Chase sues more customers over ‘infinite money’ ATM glitch
US largest bank, JPMorgan Chase, has sued many of its customers for fraud, accusing them of stealing thousands of dollars by using last year’s so-called “Infinite Money Glitch” that went viral on Tiktok. The Jamie Dimon-led lender first filed a series of lawsuits in October against a client who exploited a technical failure in August. […]