Latest in Gear

Image credit:

Two men charged with bank fraud following 'jackpotting' heist

They face up to 30 years in prison.
Share
Tweet
Share

Sponsored Links

Juanmonino

A Connecticut court has charged two men with bank fraud after they allegedly stole thousands of dollars through ATM jackpotting. While a relatively new scheme in the US, jackpotting has been a problem in Asia, Europe and Mexico for years and involves loading up ATMs with malware and forcing them to release their cash contents. The two men are said to have dressed up as ATM technicians and accessed a Citizens Bank ATM in Cromwell, Connecticut in late January. Police found them near the ATM with tools and electronic devices believed to be required for jackpotting as well as $9,000 in $20 bills.

Last month, security researcher Brian Krebs wrote about jackpotting coming to the US, noting in a follow-up post that a handful of individuals had been arrested last November for allegedly carrying out a string of jackpotting heists in Colorado, Wyoming and Utah. It appears that ATMs running outdated Windows software are the main targets. Along with the Cromwell jackpotting theft, law enforcement officials and ATM manufacturers have been looking into attacks in two other Connecticut cities as well as Providence, Rhode Island.

The two men -- a Massachusetts resident and a Spanish national -- face a maximum of 30 years in prison.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
Facebook envisions using holographics for super-slim VR glasses

Facebook envisions using holographics for super-slim VR glasses

View
Amazon has eliminated single-use plastic at its Indian fulfilment centers

Amazon has eliminated single-use plastic at its Indian fulfilment centers

View
'Paper Mario: The Origami King' is the ideal 'Animal Crossing' break

'Paper Mario: The Origami King' is the ideal 'Animal Crossing' break

View
Facebook used 86 percent renewable energy in 2019

Facebook used 86 percent renewable energy in 2019

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr