25 June 2017
Visit cib.db.com

Hole-in-the-wall gang get 43-year jail stretch

21 December 2016  |  9315 views  |  0 atm

Four men who caused a series of explosions and fires at cash machines have been jailed for a combined total of more than 43 years.

The month-long crime spree resulted in the theft of £120,000 from ten cash machines across London and the Home Counties.

To blow the ATMs the gang pumped a combustible gas into the machine and then ignited it from a short distance with an electrical charge. Only half of the attempts succeeded in breaching the secure cash compartment inside the machines.

They were caught after CCTV images showed a known criminal wearing a T-shirt branded with the wording 'Seasoned Offendor'.

Detective Inspector Mark Bedford, of the Flying Squad, says: "This crime network caused a series of large explosions in petrol stations and it was by sheer luck that no unsuspecting members of the public were injured as they passed by. The substantial sentences handed down today reflect the danger posed to the public by the action of this reckless gang.”

Criminals blew up 492 cash machines across Europe in the first half of 2016, an 80% increase on the same period the previous year, according to recent figures from the European ATM Security Team (East).

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

Surge in explosive attacks on European ATMs

Surge in explosive attacks on European ATMs

14 October 2016  |  7561 views  |  0 comments | 15 tweets | 13 linkedin
ATM attack vectors on the rise

ATM attack vectors on the rise

27 November 2015  |  7238 views  |  0 comments | 4 tweets | 3 linkedin
Police hunt fugitives behind ATM explosion ring; £800,000 in cash stolen

Police hunt fugitives behind ATM explosion ring; £800,000 in cash stolen

02 February 2015  |  4288 views  |  1 comments | 2 tweets | 3 linkedin

Related blogs

Create a blog about this story (membership required)
visit vasco.com/news/PSD2-compliant-solutionsvisit wavestone-advisors.co.ukvisit www.www.fisglobal.com

Top topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
9557 views comments | 4 tweets | 5 linkedin
Worldpay pilots app-only mPOS for small retailersWorldpay pilots app-only mPOS for small re...
9147 views comments | 18 tweets | 27 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
8704 views comments | 3 tweets | 4 linkedin
UK banks will need to change one million sort codes under ring-fencing rulesUK banks will need to change one million s...
8181 views comments | 8 tweets | 25 linkedin
What Banks and their customers can expect for the futureWhat Banks and their customers can expect...
7137 views comments | 7 tweets | 10 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job