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Coordinated, Global ATM Heist Nets $13 Million

An anonymous reader writes "An international cybercrime gang stole $13 million from a Florida-based financial institution earlier this year, by executing a highly-coordinated heist in which thieves used ATMs around the globe to cash out stolen prepaid debit cards. 'Prepaid cards usually limit the amounts that cardholders can withdraw from a cash machine within a 24 hour period. Apparently, the crooks were able to drastically increase or eliminate the withdrawal limits for 22 prepaid cards that they had obtained. The fraudsters then cloned the prepaid cards, and distributed them to co-conspirators in several major cities across Europe, Russia and Ukraine.' The attack is eerily similar to the 2008 attack on RBS WorldPay that stole $9.4M. The men who pleaded guilty to the RBS attack were arrested and charged in Russia, but were later given only probation."

3 of 122 comments (clear)

  1. I thought that was a LOT of forklifts by Cryacin · · Score: 1, Funny

    When I first read the headline, I thought they meant heist as in leaving a hole in the wall. Would have been much more spectacular.

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  2. Re:Honesty by scorp1us · · Score: 4, Funny

    It's still more honest than members of congress. At least with the heist, you know you're getting robbed.

    In America, the government robs you then sends you the bill.

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  3. Re:Honesty by mr1911 · · Score: 3, Funny
    You imply the United States has a functional government.

    Amusing, but this is the same as every other country with a dysfunctional government.

    FTFY

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