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8 charged in $45 million ATM fraud scheme

8 charged in $45 million ATM fraud scheme

(New York, NY)  --  Eight hackers are facing federal charges for allegedly scheming to steal millions of dollars in two massive cyber attacks.  Federal prosecutors in New York say the defendants hacked into global financial institutions, stole prepaid debit card data, and eliminated withdrawal limits.  That data was then sent worldwide, leading to about $45 million in losses.  The eight defendants are accused of taking nearly three-million dollars for themselves. 

Seven of the eight defendants are from Yonkers, New York.  The eighth defendant was murdered late last month in the Dominican Republic.  They face charges including money laundering, conspiracy to launder money, and conspiracy to commit access device fraud. 

 

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