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Security08:48 · 6m ago

Man Arrested for ATM Skimming Scheme, Over 40 Victims Targeted

By ישראל זאב לוונטהל לוונטהל
Translated & summarized from JDN by baba
The story · English

Police in Tel Aviv have arrested a 57-year-old resident of Bat Yam on suspicion of operating an ATM skimming scheme that defrauded over 40 victims, causing an estimated financial loss exceeding 120,000 shekels (approximately $32,000 USD).

The suspect is accused of installing equipment on ATMs in the Tel Aviv, Holon, and Bat Yam areas to copy credit card details. He then allegedly used this stolen information to create duplicate cards and withdraw funds.

The investigation, led by the Tel Aviv District Fraud Squad, began several months ago following numerous complaints from victims. Authorities identified the suspect in cooperation with Bank Leumi. A search of his home reportedly uncovered numerous cards and technological devices believed to be used in the scheme.

The suspect was taken into custody for questioning, and a local court has extended his detention pending further investigation. The police stated that the suspect copied information captured by his equipment onto other cards, which he then used to withdraw money.

Read the original at JDN
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