Man Pleads Guilty in $4.8m ATM Fraud

A Connecticut man pleaded guilty to automatic teller machine ATM fraud on Tuesday following a scheme that conned $4.8 million from a Rhode Island bank over the last few years. John DeMilo of Branford, Conn. faces jail time for helping defraud Cranston-based Domestic Bank. Between 2000 and 2010,...

U.S. Court Finds Two Russian Hackers Guilty of $1.3 Million Bank Fraud

A US court has found two Russian hackers guilty of bank fraud, involving over $1.3 million. The investigation revealed that the fraudsters broke into computer systems of various companies and used the obtained banking data to steal money from their bank accounts. Authorities believe the fraudster...