2 ATM fraudsters convicted-A A +A
Monday, August 18, 2014
TWO Bulgarian nationals who were caught installing a skimming device in a Bangko De Oro (BDO) Automated Teller Machine (ATM) booth in SM City Pampanga were sentenced to six years and three months imprisonment.
Philippine National Police (PNP) spokesman Reuben Theodore Sindac said Mladenov Emil Stoyanov and Kanev Lyuben Georgiev pleaded guilty to a lesser offense before Judge Divina Luz Aquino-Simbulan of Angeles City Regional Trial Court branch 41 for violation of Republic Act 8484 or the Access Devices Regulation Act of 1998.
Aside from imprisonment, the two foreigners were also ordered to pay a fine of P20,000 each.
On May 15, Stoyanov and Georgiev were arrested by the PNP while secretly placing a skimming device in the ATMs pin pads to copy the bank account data of the inserted ATM cards and loot the owner's bank account.
Confiscated from them were one small flat screw driver believed to be used in picking ATM cards and one laptop allegedly with software that decodes the ATM accounts.
Sindac said the PNP Anti-cyber Crime Group is yet to determine if the suspects belong to a syndicate who does the same illegal activities.
Stoyanov and Georgiev are detained at the Pampanga provincial jail.
Sindac earlier said the PNP, in coordination with the Joint Anti-Bank Robbery Action Committee (JABRAC), has extended its effort in fighting against the increasing cases of ATM fraud in the country by locating the syndicates who are responsible for manufacturing skimming devices.
However, the PNP and JABRAC urged the bank owners to invest on their client’s security particularly on the provision of CCTV cameras near their ATM booths and also, the hiring and designation of civilian guard who will watch and secure their ATMs. (Third Anne Peralta/Sunnex)