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 Approximately $8,800 in cash advances was also reportedly withdrawn May 24.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.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.