Duval ATM fraud ring takes at least $300,000

Authorities have more than 100 suspects but few arrests so far in year-long probe.They've stolen more than $300,000 from Jacksonville credit unions without pulling a pistol or passing a note And authorities say the fraud they continue to uncover may just be the beginning.Since early this year, the U.S. Secret Service and Jacksonville police have been tracking a ring of thieves who deposit bad checks into ATMs and make withdrawals or fraudulent purchases on accounts before the checks are returned. The ring's success relies primarily on greedy account holders, often with a minimal balance, who sell their ATM cards and PINs to someone known in the hierarchy as a recruiter. The recruiter then passes the information onto a ring leader known as an organizer. Posted in: Check Fraud