24 August 2016
Find out more

New York ATM skimming gang steals $500,000

13 May 2009  |  10175 views  |  0 atm inserting card

New York police are on the hunt for a gang of thieves accused of using ATM skimming technology to steal account details and PIN numbers before withdrawing over $500,000.

According to local press reports, the gang installed skimming devices and cameras on ATMs at two branches of Sovereign Bank in Staten Island.

The skimmers stole bank account details from mag-strip cards, with the cameras recording PIN numbers. The gang used this information to create card clones and make withdrawals.

Over 250 bank customers were affected and are now being reimbursed by the bank.

The police say bank surveillance cameras have captured images of three gang members, who are still at large.

ATMs on Staten Island rigged for identity theft;bandits steal $500G - New York Daily News

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Australian ATM skimming gang nets $500,000

Australian ATM skimming gang nets $500,000

24 March 2009  |  9958 views  |  1 comments
European Payments Council calls for action on counterfeit cards

European Payments Council calls for action on counterfeit cards

08 January 2009  |  6511 views  |  0 comments
International ATM skimming network busted

International ATM skimming network busted

21 November 2008  |  9509 views  |  0 comments
Canadian cops arrest ATM skimming couple

Canadian cops arrest ATM skimming couple

03 October 2008  |  8507 views  |  0 comments
Irish shops hit by card skimming gang

Irish shops hit by card skimming gang

19 August 2008  |  8277 views  |  0 comments
Toronto police bust ATM skimming gang

Toronto police bust ATM skimming gang

26 June 2008  |  7014 views  |  0 comments
ATM skimmer sentenced to five years

ATM skimmer sentenced to five years

18 April 2008  |  9408 views  |  0 comments
Visit VocaLink.comVisit equens.comFind out more

Top topics

Most viewed Most shared
hands typing furiouslyBlockchain: what to expect for 2017?
6965 views 0 | 50 tweets | 41 linkedin
Global fintech funding hits plateauGlobal fintech funding hits plateau
6283 views comments | 22 tweets | 21 linkedin
Teenager avoids conviction for CommBank DDoS attackTeenager avoids conviction for CommBank DD...
5906 views comments | 2 tweets | 3 linkedin
hands typing furiouslyBig Data's Three Big Trends in 2016
5851 views 0 | 20 tweets | 10 linkedin

Featured job

Find your next job