3 Bulgarians charged in 44-day ATM hacking spree
Skimming proceeds top $137,000
Three Bulgarian men were charged Wednesday with defrauding banks of more than $137,000 in a scheme that attached electronic skimming devices to numerous automatic teller machines in Massachusetts.
In the 44-day hacking spree, the men planted skimmers on ATMs maintained by Bank of America and Citizens Bank and secretly recorded information stored on the magnetic strips of cards as they were being used. The men also allegedly used concealed cameras to record the corresponding personal identification numbers.
The men compromised "numerous" ATMs throughout eastern Massachusetts and stole more than $120,000, according to a press release issued by federal prosecutors in Boston. Court documents filed in the case said proceeds from the alleged crime were $137,724.
Wednesday's indictment named Ivaylo Hristov, 28, and Anton Venkov, 40, both Bulgarian nationals who resided in Toronto. It also named Vladislav Vladev, 36, of Sofiya, Bulgaria. They were each charged with using counterfeit ATM cards, bank fraud, and aggravated identity theft. Hristov and Vladev were also charged with possession of device-making equipment.
If convicted, Hristov and Vladev face a maximum of 57 years in prison and $1.25m in fines. Venkov faces a maximum of 42 years and fines of $1.25m. Attempts to reach the men or their attorneys for comment were not successful.
Police in Utah said recently that skimmers attached to a gas station pump stole at least $11,000 and may have remained active for as long as 60 days. ®
That'll be why....
.....I always closely cover my fingers when entering my PIN. Even a camera directly above won't be able to see anything.
Of course, this doesn't help if they add a fake keyboard as well.
Charge 'em under the DMCA!
Maximum fine of $1.25m, for _actually stealing money_ repeatedly from a major American business (or its customers)?
Banks - take a leaf out of the RIAA's book, and charge these nobodies with copyright infringement - say $80,000 per card inserted into the machine - it must be worth at least as much as the sort of track Jammie Thomas would listen to. Best of all - you get to keep the money at the end of it!
"Bulgarian" in the headline without "Airbags" in the story? I just wasted a click there!