Skimmers Busted by Fraud Detection
Bank Info Security reports fraud specialists at New York’s Chase Bank have been credited with helping thwart an ATM skimming scheme that hit nearly 1,500 Chase customers in Manhattan’s Union Square. Chase’s detection of the fraud and notification of law enforcement reportedly helped investigators track and catch two Bulgarian nationals who have been indicted for the crime. Nikolai Ivanov, 31, and Dimitar Stamatov, 28, both legal residents of Canada, have been charged for netting more than $285,000 after skimming card details from four Chase ATMs.
