Wednesday, May 13, 2009

Skimmers Steal $.5 Million from NYC ATM Users


Banking/Finance - ATM / POS
Source: FOXNews
Complete item: http://www.foxnews.com/story/0,2933,519845,00.html

Description:
A sophisticated band of thieves managed to steal personal information and more than half a million dollars from hundreds of New York City bank customers by rigging ATMs in what police say is further evidence of the continued assault on personal data by identity thieves.

Police said the identity thieves installed devices on ATM machines at Sovereign Bank branches in Staten Island that enabled them to collect account and PIN numbers, the New York Daily News reported Monday.

First they placed skimmers on the slots where customers inserted their bank card that could read and store the information. Then a tiny camera was hidden in the lighted sign on the ATM that filmed customers typing in PIN codes, the Daily News reported.

"This crew is sophisticated," Deputy Inspector Gregory Antonsen, head of the NYPD's special investigations division, told the Daily News. "And they are coming up with new ways to steal your identity every day."

The ATM-riggers managed to steal more than $500,000 from more than 250 victims. They also created fake ATM cards with the same magnetic codes as the victims and used the cards at different banks, police said.

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