Taiwan cracks international ring stealing NT$83 m. from ATMs (update)

Focus Taiwan
Date: 2016/07/17
By: Yu Kai-hsiang, Ku Chuan and S.C. Chang

Taipei, July 17 (CNA) Taiwan police announced cracking of an international ring Sunday, arresting

One of the two eastern European suspects in the recent heist of over NT$83 million (US$2.60 million) in Taiwan.

One of the two eastern European suspects in the recent heist of over NT$83 million (US$2.60 million) in Taiwan.

three East European suspects who along with 12 others allegedly stole more than NT$83 million (US$2.6 million) from First Bank ATMs in three cities.

Latvian Andrejs Peregudovs, Romanian Colibaba Mihail, and Moldovan Niklae Penkov were believed to be part of the criminal ring of 15 members from five countries who stole $83.27 million from 51 hacked ATMs at several branches of First Bank in Taipei, New Taipei and Taichung on July 9 and 10, police said.

Police recovered some NT$50 million that was hidden in three suitcases at a hotel in Taipei’s Dazhi area where Mihail and Penkov were staying.

National Police Agency Director General Chen Kuo-en (陳國恩) said police investigators, working with other government officials, have proved Taiwan is not that easy to rob. “Taiwan is not a paradise for foreign criminals,” he declared.     [FULL  STORY]

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