ATM Theft: $9 million in 30 minutes

The human animal is greedy, ingenious and loves attention; therefore, I think the hackers will be back for more, for the lure of even greater profits will be too great. It’s modern-day bank robbery without the fear of dying in a gun battle with the police. The brazen heist was completed with almost total anonymity in several cities around the world. Somehow I doubt the ring leader will ever be caught.

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Barney Franks,and the rest of the Democratic Party were probably the ringleaders and probably didn't even pay any tax on the 9 million.

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NEWS STORY CRAP AND BALONEY;
$90,000 PER ATM MACHINE!!! ABSOLUTELY IMPOSSIBLE. THE AVERAGE ATM HAS 40K IN IT WHEN FULL. SO WHY THIS WILD STORY? REPORTERS ARE FORCED TO MAKE NEWS, MAKING BALDFACED LIES.

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whoever if smart enuff to steal worthless paper is prob. smart enuff to use all these card pigeons is prob. hired numurous ring leaders as well as the US money would be no good to criminals in US they'd get caught or to exchange in canada or uk or somewhere - prob. not US citizens -which they would have to live in another country or funnel back to US - this smells like some hidden thing - politics?, terrorism?, maybe Obama has a secret to getting reelected in 2012 or will Swazenegger go4it?, Osama is dying slowely/painfully, - no new attacks - just hope government puts up 9mill as well to hire antiterrorists etc...

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The money had to have been taken from 100 high dollar accounts using multiple cards for each account. I'd suspect that the perps gave each "runner" several cards to use to keep the amount of people involved low....example: each user may have had 20 cards to use in a one hour period (3 min per transaction). They meet up with their handlers give back the 20 used cards and the money, take their "cut" and the handler gives them another 20 cards....repeat over an 8-hour period and it starts adding up.

Most ATM's dole out twenties so it takes a while to snag 9 million! Just a matter of time before they get caught though.

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Ummmm, I have someone that works at the bank, and she loads up the ATM everyday with the cash. Over the weekend, she puts a little bit more in because of the bank being closed on Sunday, but....I can tell you right now that its no where near a million. Actually, its not even half that....ok, its not even a quarter of that. Not by a long shot. I'm beginning to think maybe the bank of Scottland if doing a little scam of their own. Maybe they are saying that much was stolen, but maybe it wasn't stolen from the ATM's.

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That is small potatoes compared to the amount of money Congress steals from taxpayers. In fact, they aren't even satisfied with that. Just check out the National Debt if you think otherwise.

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Are you guys retarded or what?

To begin with:

Jacob, Pike realizes it says 90,000 per card, he is simply stating, just as the article does, that most ATM's don't even have that much in them!

Jim, get with it buddy. It says 9 million not 9 hours, they only had 30 minutes to do it for some reason. It's not like they're still running around doing it.

And Stephen, They obviously took the money out of the machines. The reason they could do it so fast was because they had the limits removed. It doesn't take long for the machine to whip the money out, even in $20 increments.

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It is so sad indeed that it appears that no one has "Reading Comprehension" anymore today.
The news article above was very clear. It clearly states they used credit cards with "NO daily withdrawal limit". Which means they inserted the card and asked for $30,000 or more in just one transaction.
So each card only had to be used only at four AMT machines and withdraw $120,000 in just four transaction from four separate machines. Thus, if just one person went to 12 AMT locations within 30 minutes in a large city where AMT's are fairly close together and withdrew $30,000 from each machine in one transaction each, the total withdrawn per persone would be $300,000
This was an "Inside" job by someone with access to the AMT machines computer systems program code, who more than likely worked with a group of 30 close family members and relatives and they probably wore thin rubber gloves and ski masks.

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Am I the only one not wondering how the ATM had so much money - but how SOOOO many individuals had that much money sitting in the bank!?!?!?!

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Sounds like a repeat of the "Michaelangelo Fiasco" where upon on his birthday, a few years ago, all the ATM's in the country went flooey, and any money taken out during that brief period was not even recorded, and it was like a free grab for any lucky person withdrawing money. If computers will someday take over the world, then we should all sit back and relax, as they are bound to foul up their own circuits. Anyhow, this story must be exaggerated, there's not 100 people in this world that would stick together and pull something like this, and not one person could do it all by theirself. If it's so, then tendered congratulations are in order.

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SHAME ON YOU FOR NOT LEARNING FROM PAST MISTAKES!

"ATM Theft: $9 million in 30 minutes" "think a new record has been set for how much money can be stolen in a record amount of time. One group of fraudsters got away with $9 million in a mere 30 minutes"

Very little is being reported about this crime so far. What we know is that RBS WorldPay, the US processor for Royal Bank of Scotland Group is the victim." They were might slow in reporting the theft, however."....
"ATM Theft: $9 million in 30 minutes"...


"DO NOT DESTROY WITHOUT PRIOR AUTHORIZATION FROM ERIC WITIW, OFFICE OF GENERAL COUNSEL, WASHINGTON D.C. CONFIDENTIAL DT 0079 M/I SCHOTTENSTEIN HO DESCENDANTS TRUST TAX WORKPAPERS TAX CLM12480561 (98)
DELOITTE
MARCH 29,2007
DEAR MR. FISCHER, ESQ.
RE: IN RE TRUST ACCOUNTING OF NORTHFORK BANK/SUBPOENA TO DELOITTE & TOUCH LLP.
I WRITE REGARDING THE "SO ORDERED" SUBPOENA ADDRESSED TO DELOITTE TAX L.L.P."

"DO NOT DESTROY WITHOUT PRIOR AUTHORIZATION FROM ERIC WITIW, OFFICE OF GENERAL COUNSEL, WASHINGTON D.C. CONFIDENTIAL DT 0079 M/I SCHOTTENSTEIN HO DESCENDANTS TRUST TAX WORKPAPERS TAX CLM12480561 (98)
DELOITTE
MARCH 29,2007
DEAR MR. FISCHER, ESQ.
RE: IN RE TRUST ACCOUNTING OF NORTHFORK BANK/SUBPOENA TO DELOITTE & TOUCH LLP.
I WRITE REGARDING THE "SO ORDERED" SUBPOENA ADDRESSED TO DELOITTE TAX L.L.P."

"Since 2001 there have been 60 or so club deals of more than US$1 billion involving a U.S. entity. The second and third-largest leveraged buyouts in history were completed in 2005 by way of consortium bids. SunGard Data Systems Inc. was sold to a consortium of seven private equity firms led by Silver Lake Partners for US$11.4 billion in August of 2005. Shortly thereafter, in September of 2005, Hertz Corp. announced its sale to a three-firm consortium led by Clayton, Dubilier & Rice, Inc. for US$15 billion.

The recent announcement of the definitive agreement by Albertson’s, Inc. to sell the entire company to a consortium of industrial strategic buyers and private equity firms (Supervalu Inc., CVS Corporation, and an investor group led by Cerberus that includes Kimco Realty, Schottenstein Realty, Lubert-Adler Partners and Klaff Realty, LP) for a total transaction value of approximately US$17.4 billion in cash, stock and assumed debt marks the largest consortium bid in the current rise of club deals."

"Bank Data Breach Affects 12.5 Million Consumers
Biggest data breach in 2008 “

” August 29, 2008
Data Theft
• Bank Data Breach Affects 12.5 Million Consumers
• Data Breaches Exceed 2007 Record
• Thieves Steal AT&T Laptop with Employee Data
• Report: Data Breach Disclosure Laws Don’t Affect Identity Theft
• Patient Information Exposed in Data Breach at Walter Reed
• Supermarket Chain Reports Data Breach
• Report: Feds Still Not Doing Enough To Secure Data
• Data Thieves Hit Georgetown University Students, Faculty
• 800,000 Job Seekers At Risk In Gap Data Breach
• TJX Data Breach Settlement Has Strings Attached
• More “...
“Bank of New York Mellon Corp has revised upward the number of people affected by its previously disclosed data breach. The bank now says 12.5 million consumers could be vulnerable to identity theft, the largest data breach so far in 2008.”
“Previously, the bank said 4.5 million people might be vulnerable, due to missing data backup storage tapes. The tapes were discovered missing from third-party couriers working for the Company’s BNY Mellon Shareowner Services and Working Capital Solutions businesses.”
“Hacker, thieves get OSU ID data
About 14,000 faculty and staff and 3,500 students affected
Tuesday, April 17, 2007 3:30 AM”
By Bill Bush

THE COLUMBUS DISPATCH
“A hacker broke into an Ohio State University computer two weekends ago and stole the names, Social Security numbers, employee ID numbers and birth dates of more than 14,000 current and former faculty and staff members, the university said yesterday. “

“Ohio changes policies after data theft - Security- msnbc.com

COLUMBUS, Ohio - “A 22-year-old intern was given the responsibility of safeguarding the personal information of thousands of state employees, a security procedure that ended up backfiring.”

“The names and Social Security numbers of all 64,000 Ohio state employees were stolen last weekend from a state agency intern who left a backup data storage device in his car, Gov. Ted Strickland said.”

“Ohio changes policies after data theft - Security- msnbc.com".....

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"Customers who shopped at DSW Shoe Warehouse in the last three months should watch their credit card statements. "

"The company reported this week that credit card information and other purchase information was electronically stolen over the last few months. "

"DSW also hired a consulting firm to help it with computer security.
Ohio's attorney general sued DSW Shoe Warehouse on Monday to force it to do something it says it can't do. "

"Attorney General Jim Petro's lawsuit seeks to force the Columbus-based shoe retailer to personally contact every consumer affected by a recent case of identity theft. Computer hackers accessed customer data from 111 DSW stores between November and February. Petro estimates more than 1 million customers were affected and around 700,000 have not been contacted."

What was the "INSIDER COMPANY HIRED TO INVESTIGATE THE THEFT?"

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Article doesn't say where theft occurred. Assuming it was USD, predominately 20s, $9M would weigh about 900 pounds.

I also suspect they hit multiple ATMs until they ran out of money, then quickly moved on to the next one.

So many people had to be involved the chances of them catching the perts would seem high. If in the U.S. you cannot deposit more than $10,000 without filling out a form. Seems like someone suddening having a lot of cash would come to their attention.

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what is wrong with u people, it says that 49 cities were hit within a half hour, that means probably 49 or more people using the cards, probably 100 people, 1 for each card. Hundreds of atm's were hit. Lots of planning, Genious.

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The criminals on wall street scammed in the trillions with help from our traitors in congress. The biggest scam in history. Do you feel helped at all by it?

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I think it is an inside job, how many people KNOW that those cards all had that time of NO CAP Limit...hmmmm ?you just don't steal a acard and have that type of limit set..but that amount seems awfully high for that amount of time...

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re read the article dude

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