The China Post
Date: July 17, 2016
By: The China Post news staff

TAIPEI, Taiwan — The police on Saturday released images of 10 suspects in Taiwan’s biggest-ever ATM heist, with one believed to be still in Taiwan.

Nine of the suspects have already fled, but the alleged chief suspect, Andrejs Peregudovs, from Latvia, is believed to be still hiding in Northern Taiwan, said a senior detective from the Taipei police department, Lin Chih-cheng.

The 10 suspects, most of them Russian, have been identified from video footage captured at First Bank ATMs hacked by criminals in Taipei City. Since other First Bank ATMs in New Taipei and Taichung were also hacked, police believe there might be more suspects still at large, Lin said.

First Bank, the sole target of the heist, lost more than NT$80 million during the weekend of July 9 and 10, but police believe the money is Taiwan through illegal channels.

Evidence suggests that Peregudovs met with the other suspects, and he was seen at a five-star hotel in Taipei before the robbery, Lin said.

According to police, the gang worked in groups of up to three members. They hacked into the bank’s ATM system, and used software to remotely still in Taiwan.     [FULL  STORY]