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1.4 Billion Yen Stolen From 1,400 Japanese ATMs

Posted on May 22, 2016 by Dissent

Hamodia reports:

Japanese police are investigating a case of international credit-card fraud in which about 1.44 billion yen, or more than $13 million, was illegally withdrawn with forged credit cards from 1,400 automated teller machines in convenience stores around Japan, according to investigative sources.

Police suspect that a group of more than 100 people extracted the money from the ATMs, which were located in Tokyo and 16 prefectures, over a period of about two and a half hours on May 15.

Since the cards were forged based on data leaked about credit cards issued by a bank in South Africa, police believe that an international criminal organization is involved. They are therefore planning to cooperate with overseas investigative organizations.

Read more on Hamodia.

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