NYC robbers take ATMs, tens of thousands of dollars from 49 stores: cops

A gang of money-hungry robbers robbed 49 stores across the Big Apple, using ATMs to leave and steal tens of thousands of dollars, police said. It is said to be part of a three-month incident spanning four boroughs. Police said the three suspects enhanced the cars they used as getaway vehicles before committing robberies in […]

Unregistered Crypto ATMs Lead to Landmark UK Prosecution – PYMNTS.com

UK regulators have charged a London man with operating multiple unlicensed cryptocurrency ATMs. Olumide Osunkoya (45 years old) Unlicensed Machines Allows users to purchase cryptocurrencies or convert money into crypto assets Financial Conduct Authority (FCA) made the announcement on Tuesday (September 10th). According to an FCA news release, Osunkoya processed $3.4 million worth of cryptocurrency […]

TikTok ‘Chase bank glitch’ shows people trying to exploit ATMs

A new trend on TikTok sees people trying to take advantage of a Chase ATM “glitch” to offer up “unlimited free money,” but it quickly becomes clear that banks and their money are not so easily given up. Experts say the “glitch” video closely resembles one of the oldest forms of fraud: check fraud. Videos […]