$12.7 million stolen from ATMs in Japan

cards_1774129bIn a period of less than three hours of the early morning of May 15, 2016, a group of over 100 criminals made harmonized fraudulent ATM withdrawals around Tokyo and 16 other areas. The total withdrawals made totalled about 1.44billion yen in over 14,000 withdrawals.

Reports from Helpnetsecurity indicates that the cards have been faked based on credit card data issued by an unnamed South African Bank causing the Japanese police to believe the crime was conducted by an international criminal organisation. How the data that was used to forge the cards was acquired is still an unanswered question.

The Japanese authorities once they analyze recordings of the machines’ security cameras hope to identify and arrest the suspects who made the withdrawals but this does not guarantee that all those involved will be caught as they could have used hired hands to make the withdrawals.

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