Four Quebec men charged in alleged ATM fraud scheme in Vermont

Supported By:

Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

The Vermont U.S. Attorney’s Office says four Quebec men have been arrested and charged in an alleged fraud scheme involving ATMs in the Burlington area. The suspects, who are residents of Montreal and Laval, were charged Tuesday with conspiracy to use access devices fraudulently resulting in the receipt of more than $1,000 in cash.

Cash advances using stolen information

Authorities say the men travelled from Quebec to Burlington between March and October 2016 to allegedly use ATM machines to obtain cash advances using information stolen from Canadian accountholders. The list of alleged incidents includes $54,000 in suspected fraudulent cash advances on Canadian and European credit and debit cards in August. Approximately $8,800 in cash advances was also reportedly withdrawn May 24.

The suspects face a maximum possible penalty of five years in prison and fines of up to $250,000 if convicted.

Read more about the ATM fraud at CBC News.

This article is summarized by Canadian Fraud News Inc.