Ohio Skimming Scam Nets $50K

An ATM skimming gang hit a Norwood, Ohio bank and stole $50,000 from more than 120 customer accounts.

Norwood police say they are looking for four men who used a skimming device to steal customers' ATM card information from a US Bank ATM. Police say the skimmer was put on the bank's ATM on the weekend of February 27 and removed before March 22.

The suspects apparently waited until last week to begin taking money from the accounts, say police, who have video that shows fraudsters installing the device. Police add that at least one of the suspects was also seen on tape placing a skimmer on an ATM in Wisconsin.

This incident is only one of many that have occurred this year around the country, as the most recent attack hit a Wachovia branch in Virginia last week.

In the wake of such incidents, security experts advise customers to inspect ATMs for signs of tampering, and institutions have also been advised to monitor their ATMs for skimming devices.

About the Author

Linda McGlasson

Linda McGlasson

Managing Editor

Linda McGlasson is a seasoned writer and editor with 20 years of experience in writing for corporations, business publications and newspapers. She has worked in the Financial Services industry for more than 12 years. Most recently Linda headed information security awareness and training and the Computer Incident Response Team for Securities Industry Automation Corporation (SIAC), a subsidiary of the NYSE Group (NYX). As part of her role she developed infosec policy, developed new awareness testing and led the company's incident response team. In the last two years she's been involved with the Financial Services Information Sharing Analysis Center (FS-ISAC), editing its quarterly member newsletter and identifying speakers for member meetings.

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