NEWARK, N.J. (AP) - A Romanian man who admitted he was part of a large-scale scheme to rip off automatic cash machines in several states has been sentenced to prison.
Alin Carabus was sentenced Thursday in federal court in Newark to 57 months in prison after pleading guilty in November to conspiracy to commit bank fraud.
Prosecutors say those involved in the “skimming” scheme stole bank account information by installing secret card-reading devices on ATMs throughout New Jersey, New York, Connecticut, Florida, and elsewhere.
The information was used to create thousands of fraudulent ATM cards, which were used to withdraw millions of dollars from customers’ bank accounts.
The scheme defrauded financial institutions out of at least $5 million overall and impacted thousands of customers.
The 43-year-old Carabus was among 16 people charged in the skimming scheme.
Please read our comment policy before commenting.