Five men were recently arrested in New York in connection with a cyberheist campaign that caused $45 million in losses in late 2012 and early 2013.
Anthony Diaz, 24, Saul Franjul, 23, Saul Genao, 24, Jaindhi Polanco, 29, and Jose Angeley Valerio, 25, were allegedly part of the New York cell of an international cybercrime organization that hacked into financial institutions and stole prepaid credit card data, then made fraudulent ATM withdrawals.
Eight other alleged members of the New York cell were previously charged in May 2013 with conspiracy to commit access device fraud, money laundering conspiracy and money laundering.
In New York alone, according to the indictment, the New York cell withdrew approximately $400,000 from 140 different ATMs on December 22, 2012, and another $2.4 million from almost 3,000 ATMs on February 19 and 20, 2013.
Worldwide, approximately $5 million was withdrawn from more than 4,500 ATMs in 20 countries on December 22, 2012, and about $40 million was withdrawn from ATMs in 24 countries on February 19 and 20, 2013.
Diaz, Franjul, Genao, Polanco and Valerio face up to 7.5 years in prison, as well as forfeiture and fines of up to $250,000.
"This case is another example of the ability of cybercriminals to inflict significant damage to world financial systems," United States Secret Service Special Agent in Charge Steven G. Hughes said in a statement. "This investigation and the resulting indictments should serve as a reminder to cybercriminals that law enforcement will continue to utilize cutting-edge investigative techniques, traditional tactics and hard work to thwart complex transnational cybercriminal activity."
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