We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedRisk

ATM fraudster faces jail after skimming 9,000 PINs


UK police suspect Romanian was part of larger gang

Article comments

A Romanian man faces a jail sentence after being convicted of skimming 9,000 ATM PINs that could have allowed to him steal over £3 million ($4.8 million) from British victims.

In a rare open and shut case, 32 year-old Leonid Rotaru was caught on closed-circuit camera fitting a skimming device to an ATM in Bridgwater, Somerset before being arrested when he returned to remove it later on.

The setup recorded the card details when entered through the skimming device while a 'pinhole' camera was used to record the PIN number entered.

Police later retrieved more than 9,000 PIN and card numbers from his address as well as other skimming devices.

The exact sums stolen by Rotaru have not been revealed although police believe he was unlikely to have been acting alone, but as part of a larger and as-yet undetected gang.

"This is usually very organised, you can tell from the quality of the equipment that was attached to the ATM, you can tell from the amount of detail that was found on the computer," said Avon and Somerset Police's Economic Crime Unit's Barry Douglas.

"This was well-organised, well-orchestrated and with good criminal connections."

ATM fraud remains a profitable if relatively high-risk type of fraud used by street gangs, often in the UK (though not always) foreign-controlled. Sums stolen from UK ATMs have risen slowly in recent years, albeit to levels far below that for online crime.

Other related types of fraud include straight card cloning, card interception and redirection and ID theft.

Criminals continue to innovate when it comes to the technology used with skimmers, even reportedly using thermal imaging devices to detect key presses from the heat left by fingers. In response in 2011 a Russian bank announced that it planned to use lie-detector machines as part of the ATM authentication process.

Share:

Comments

ATM fraudster faces jail after skimming 9,000 PINs
Risk

Hidden risks in the supply chain

Hidden risks in the supply chain

An unforeseen disaster can halt production and lead to share price falls and reputational damagemore ..


Taylor Wimpey CFO warns against UK withdrawal of EU

The group FD said "barriers would go up" and that would have an impact on Taylor Wimpeymore ..

RBS fined for IT failures after £25m trading losses

Hong Kong regulator fines bank £450,000more ..

Bank of England plans new round of cyber tests for banks

The Bank is to focus on individual banks’ security systemsmore ..

Energy risk: How data is eating up all the energy

Any failure in energy supplies to data servers can result in severe consequencesmore ..

Why BYOD needs to be on every CFO’s agenda

The Software Alliance explains why BYOD can be a legal nightmare for businessesmore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Do you have what it takes to become a non-executive?

Do you have what it takes to become a non-executive?

The benefits of board service for CFOs more ..

In Depth
How M&A teams can create value by challenging the CEO

How M&A teams can create value by challenging the CEO

A typical “hold” period of nine to 18 months can generate increased sale value more ..

Advertisement

* *