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Guy Who Stole $55M From ATMs Probably Has Enough To Skip Bail

Tough break, Ercan Findikoglu.
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No interest in the one on the right.

So figures the Brooklyn judge considering the case of Ercan Findikoglu, who spent years hacking into banks to steal millions from ATMs, and then a year-and-a-half in a German prison to avoid going to a U.S. one. And it’s in a U.S. one that he will stay.

The suspect, Ercan Findikoglu, 33, is accused of stealing more than $55 million in a series of thefts that prosecutors said was stunning in its sophistication, involving hackers gaining access to bank computers and runners withdrawing millions in cash from A.T.M.s within hours….The judge agreed with prosecutors that no bail should be granted to Mr. Findikoglu, a Turkish citizen, because he probably had enough cash to flee the country.

Unfortunately for ATM company NCR, Findikoglu may be the only thing in this post to cash in on cash machines.

Under pressure from activist shareholders, NCR put itself up for sale and has asked for binding bids by July 8. But with the clock ticking, the company has yet to give potential buyers enough financial information to pull together offers, two sources close to the sale process said.

Suspect in $55 Million A.T.M. Scheme Is Extradited to U.S. [NYT]
$10B buyout sought by ATM firm may be a pipe dream [N.Y. Post]


Luigi Novi [CC BY 3.0 or CC BY 3.0], via Wikimedia Commons

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