Alleged ATM scam suspect tied to ring that looted nearly $1m in five states, authorities say

This feels like it's a movie script in the making starring one of these guys. Scammers using what authorities call a “cashout” scam allegedly managed to drain nearly $1 million from American Express accounts by using Santander ATMs in just six days. Only problem is they got caught. According to the Secret Service, “Ultimately, the purchasers of the stolen financial information use the account numbers to encode plastic cards with magnetic stripes, such as gift cards, counterfeit credit or debit cards, and hotel key cards, which they then use to withdraw currency from ATM machines.”


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