NY Man Admits ‘Skimming’ ATMs for Nearly $300K
The Wall Street Journal reports a Bulgarian native has admitted scanning personal information from ATM machines in northern New Jersey and stealing nearly $300,000. Georgi Nikiforov pleaded guilty in federal court in Newark to bank fraud conspiracy and aggravated identity theft. Nikiforov was arrested last fall. He was accused of using an electronic device to skim identity and account information from Valley National Bank branches in Nutley and Belleville. The Queens, N.Y. resident and others allegedly withdrew nearly $300,000 using the stolen personal identification numbers. The U.S. Attorney’s Office says the bank repaid its customers for the amount stolen.
