Multi-state ATM skimming scheme put on ICE

U.S. Immigration and Customs Enforcement (ICE) has reported that twelve people have been charged in federal court with allegedly executing a scheme to defraud customers of Bank of America and PNC Bank through conduct known as “ATM skimming.” Between March 2015 and July 2016, the co-conspirators allegedly installed electronic equipment at ATMs at several banks across New Jersey. The equipment, which included pinhole cameras and electronic devices capable of recording bank customer information encoded on the magnetic stripe of credit and debit cards, allegedly captured personal identifying and bank account information of 4,350 bank customers. The co-conspirators are alleged to have stolen at least $428,000 from more than 600 Bank of America customers in New Jersey.