Foreign suspects arrested over $3.4m ATM cyber robbery in Taiwan

Asia One
Date: July 18, 2016
By: Reuters

TAIPEI – Police in Taiwan said on Sunday they had arrested three out of 16 foreign suspects they believe hacked into the cash machines of a major local bank, withdrawing more than US$2 million.

They are accused of targeting First Bank’s ATMs last week, using malware to withdraw more than T$80 million (S$3.4 million) from dozens of machines.

A policeman recognised one of the suspects, a Latvian, while he was eating in a restaurant in the northeastern city of Yilan.

Police arrested him later, an official of the Taipei City Police Department told a news briefing.

Two other suspects, who are from Romania, were arrested in Taipei, police said, adding they had found more than T$50 million of the stolen money in a hotel room.     [FULL  STORY]