Latest news with #ATMfraud
Yahoo
5 days ago
- Yahoo
Four men charged in 'co-ordinated ATM fraud' in Edmonton casinos, police say
Four men have been charged in connection with what RCMP are calling a "co-ordinated ATM fraud" in casinos across Edmonton, resulting in a financial loss of more than $1 million. In a news release on Monday, the RCMP Federal Policing Northwest Region (NWR) said that the four withdrew large amounts of cash in a co-ordinated effort to "evade detection and exploit financial institutions." No details have been released as to when the scams occurred or which casinos were affected. The withdrawals triggered service disruptions to several ATMs across Western Canada, police said. This prompted the NWR to execute six search warrants in collaboration with the Edmonton Police Service. Investigators found evidence of fraud and money laundering, resulting in charges of fraud over $5,000 and possession of property obtained by crime against four men, aged 28, 37, 39, and 42 The 37 and 39-year-old men were also charged with laundering the proceeds of crime. An undisclosed quantity of cocaine was also found, leading to an additional drug trafficking charge to be levied against a fifth man, 42. All five of the individuals are from Edmonton. Four of the accused were set to appear at the Alberta Court of Justice Monday, while the 28-year-old man is still at large, with a warrant out for his arrest.
CBC
5 days ago
- CBC
Four men charged in 'co-ordinated ATM fraud' in Edmonton casinos, police say
Four men have been charged in connection with what RCMP are calling a "co-ordinated ATM fraud" in casinos across Edmonton, resulting in a financial loss of more than $1 million. In a news release on Monday, the RCMP Federal Policing Northwest Region (NWR) said that the four withdrew large amounts of cash in a co-ordinated effort to "evade detection and exploit financial institutions." No details have been released as to when the scams occurred or which casinos were affected. The withdrawals triggered service disruptions to several ATMs across Western Canada, police said. This prompted the NWR to execute six search warrants in collaboration with the Edmonton Police Service. Investigators found evidence of fraud and money laundering, resulting in charges of fraud over $5,000 and possession of property obtained by crime against four men, aged 28, 37, 39, and 42 The 37 and 39-year-old men were also charged with laundering the proceeds of crime. An undisclosed quantity of cocaine was also found, leading to an additional drug trafficking charge to be levied against a fifth man, 42. All five of the individuals are from Edmonton. Four of the accused were set to appear at the Alberta Court of Justice Monday, while the 28-year-old man is still at large, with a warrant out for his arrest.
CTV News
5 days ago
- CTV News
Money laundering, fraud charges laid after large withdrawals from Edmonton-area casino ATMs
An RCMP vehicle is pictured on July 3, 2025. (CTV Atlantic / Callum Smith) Four Alberta men are facing charges after alleged ATM frauds at Edmonton-area casinos. The RCMP began its investigation after suspicious activity at ATMs in casinos in the capital region, including 'a string of high-value withdrawals which triggered a service disruption to ATMs across western Canada.' RCMP and Edmonton police officers conducted six search warrants, and found evidence of fraud and money laundering. 'Investigators allege that the accused withdrew large sums of cash as part of a coordinated scheme intended to evade detection and exploit financial institutions,' RCMP wrote in their release. The fraud resulted in a loss of more than $1 million, police said. A fifth man was charged with drug trafficking as part of the investigation.
Yahoo
03-08-2025
- Yahoo
ATM ‘tap-in' scam on social media just led to a Florida woman's arrest — have you clicked on these ads before?
A 24-year-old woman in Tampa has been arrested for allegedly running an ATM fraud scheme that investigators say played out entirely on social media — using real bank accounts, fake checks, and willing accomplices. The case shines a light on a rising scam known as a 'tap-in,' and spins a cautionary tale about why online get-rich-quick posts are often too good to be true. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it What is 'tap-in' fraud? According to the Hillsborough County Sheriff's Office, the scam revolves around convincing real account holders to allow access to their bank accounts. The fraudster deposits a fraudulent or counterfeit check into the victim's account, then quickly withdraws the cash at an ATM before the check can bounce. That's what authorities say Janetcilize Martinez was advertising across her social media accounts. Investigators say she publicly solicited people with bank accounts, posted pictures of large cash withdrawals, and used her platform to lure more people into her operation. How police caught her Detectives received a tip on May 8, 2025, identifying Martinez as the ringleader. After monitoring her social media accounts and building evidence, the Hillsborough County Sheriff's Office executed a search warrant at her home on July 29. What they found was extensive: 117 credit cards that did not belong to her Equipment used to create fake cards Multiple bank documents with stolen personal information $6,292 in cash 78 grams of cannabis, drug paraphernalia, and a semi-automatic handgun She was arrested and now faces a slate of felony charges, including fraudulent use of personal identification, possession of credit card-making equipment, and possession of cannabis with intent to sell. 'Theft is not a victimless crime. It affects real people and real businesses,' Hillsborough County Sheriff Chad Chronister said in a public statement. 'This individual thought she could cash in on a criminal scheme, but now she will pay the price for her actions.' Read more: Nervous about the stock market in 2025? Find out how you can Why this scam works and why it's spreading 'Tap-in' scams aren't new — but they're easier than ever to run thanks to the viral nature of social media. Keith Ludwick, a former FBI agent and current CEO of Stop Scamming Me, says the schemes often hinge on one simple message: 'I have a check. I'll give you 10%.' That pitch has been used in various forms for decades, but platforms with short-form video like Instagram and TikTok give it massive reach. 'Familiarity breeds complacency,' Ludwick told Fox 13 Tampa. 'So people using social media tend to just believe everything they see.' And even people who willingly share their account information may not realize what they're part of. While they may get a cut of the withdrawal, they're participating in bank fraud — and their personal data could be reused or sold later. What to watch for Fraud experts say there are a few common red flags when it comes to financial scams on social media: Posts asking for bank access, Zelle/Venmo details, or debit cards Offers of easy money for 'flipping' cash or 'joining a drop' Photos of large ATM receipts, bundles of cash, or check deposits If someone asks to use your bank account, do not share it — even if they offer a cut of the money. You could end up responsible for thousands in fraud, or worse, become the subject of an investigation. And if a post looks too good to be true, it probably is. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
