Feeds

Romanian cops to $150k ATM skimming spree

'All your PIN are belong to us'

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

A Romanian national has admitted he defrauded Bank of America of about $150,000 in a scheme that secretly recorded customer information as it was entered into automatic teller machines.

Victor Vasile Constantin, 23, pleaded guilty in US District Court in Connecticut to one count each of bank fraud and aggravated identity theft. Constantin's involvement in the three-month scheme cost the bank about $150,000, according to federal prosecutors.

According to prosecutors, Constantin attached skimming devices to Bank of America ATMs that automatically captured the data stored on the magnetic strips of customers' bank cards. He also installed pinhole-sized video cameras that recorded the passwords entered during transactions.

Constantin and unnamed accomplices then used the captured information to create cloned debit cards that allowed them to make withdrawals against the victims' accounts. The skimming scheme was carried out against multiple Bank of America branches in Connecticut's Fairfield county.

Constantin is scheduled to be sentenced on February 4. He faces a maximum 30 years on the bank fraud charge and a mandatory two-year sentence, consecutive to any other term, for aggravated identity theft. He has been detained since late March. ®

New hybrid storage solutions

More from The Register

next story
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
TorrentLocker unpicked: Crypto coding shocker defeats extortionists
Lousy XOR opens door into which victims can shove a foot
Greater dev access to iOS 8 will put us AT RISK from HACKERS
Knocking holes in Apple's walled garden could backfire, says securo-chap
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.