Sunday, August 19, 2012

France ATM bandits use forks to nab millions

French police are searching for an organized crime ring that has stolen more than 1,000,000 Euros in cash from ATM machines, using only a fork.

Investigators were shocked by the simplicity and ingenuity of the countrywide rash of ATM heists: The gang managed to make the thefts by jamming a fork into the machines' cash dispensers, exploiting a previously unknown security flaw.

The mass robberies were discovered when dozens of fake ATM withdrawals, mainly from Caisse d'Epargne machines, were caught on camera.

The Caisse d'Epargne group, which includes the Natixis bank, filed a case with the police in early August after noticing balance discrepancies in many of their ATMs. After examining CCTV footage from the machines, French law enforcement concluded that the gang used prepaid bank cards to conduct the thefts.

“After making one transaction with their bank cards they insert a small fork with the teeth bent back into the cash distributor,” police said to Le Parisien. “Then the thieves attempt a much bigger second withdrawal, which they cancel before the transaction is finish. By then the cash is prepared in the distributor, which they pull out with the help of the fork.” Read More