Chase ATM skimmer jailed for 5 years

01 August 2012 | 3376 views | 1 atm inserting card

A man who went on a year-long skimming spree, targeting Chase Bank ATMs in four US states and stealing more than $400,000 from victims, has been jailed for five years.

Seattle man Beneyam Asrat G-Sellassie was arrested last June and was ultimately connected to more than 30 ATM skimming incidents in Washington, Oregon, California and Nevada.

G-Sellassie targeted Chase Bank branches by installing skimmers and cameras to capture card numbers and PINs.

At the time of his arrest, the crook had 22 gift cards on him that had been converted to counterfeit ATM debit cards. In all 639 victims had their bank accounts raided of $435,489.

Having pleaded guilty in March, a judge has now sentenced him to five years in prison, five years of supervised release and more than $400,000 in restitution for conspiracy to commit access device fraud, bank fraud and aggravated identity theft.

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Mark Sitkowski - Design Simulation Systems Ltd - Melbourne | 16 August, 2012, 06:08

Another example of old-fashioned authentication discovering its own limits. I recommend reading a powerpoint presentation entitled 'What is SteelPlatez', available from www.designsim.com.au/What_is_SteelPlatez.ppsx

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