Rest a little easier, the “Russian Connection” ATM scammers have been captured.
Like we reported and you confirmed with your stories last week, the
unnamed national office retailer
was indeed OfficeMax.
But the investigation implicates other businesses, which remain unnamed.
More after the jump.
14 people were arrested by New Jersey prosecutors in the crime spree forcing banks nationwide to reissue debit cards to hundreds of thousands of customers.
“This was a sophisticated network,” Hudson County Prosecutor Edward DeFazio said. “These guys have been around. It looks like they figured this was a safer way to generate cash, safer than dealing drugs or other crimes.”
Now comes the hard part, getting the industry to institute the changes necessary to prevent the crime from happening again. Remember though, you can protect yourself by never typing in your PIN except at ATMs for withdrawals, instead, ask to sign a receipt.
Full scoop at CNET.
(Thanks to Stephen for the link!)
s ATM Crisis Merely Extends