Former Bank of America Employee Sentenced for Internal ATM Fraud
May 26, 2011
Total Loss:
$419,000
ATMs have been largely resistant to widespread fraud using software from outside, but remain vulnerable to schemes which infect the machines with corrupted software from inside.
A former Bank of America information technology employee in Charlotte, N.C., has been sentenced to 27 months for having done just that at the bank.
According to media reports and court documents ...
Source:
Credit Union Times
Posted in:
Debit Card Fraud
Internal Fraud