Cyber Risks · Krebs on Security

Boss of ATM Skimming Syndicate Arrested in Mexico

Summary: Florian "The Shark" Tudor, alleged ringleader of an ATM skimming gang, was arrested in Mexico City on Thursday on an extradition warrant from a Romanian court. His group, dubbed "The Riviera Maya Gang" by OCCRP, compromised more than 100 ATMs across Mexico with Bluetooth-based skimmers and is estimated to have stolen more than $1.2 billion from tourists' bank accounts over eight years.

Bottom line: A skimming operation that ran for eight years and pulled in an estimated $1.2 billion did so with devices that stayed inside cash machines undetected for years, and investigators believe Tudor's group paid protection and hush money to Mexican politicians and officials along the way.

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Topics
Data Breaches
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