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A total of 1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 - Printable Version

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A total of 1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 - ProfessionalSkid - 05-22-2016

Abstract;
Across Japan 12.7 million dollars were most likely stolen from counterfeit account information from South African banks. There were 14,000 transactions in two hours with with one transaction being 100,000 Yen ($907 USD). Data suggest that 1,600 credit cards were used in this predicament.

Source


RE: A total of 1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 - insidious - 05-22-2016

Wow I wonder how he accomplished so many transactions in such a short amount of time.

Quote: Police suspect that the cash was withdrawn at ATMs using counterfeit credit cards containing account information leaked from a South African bank.

obviously he didn't walk up to an ATM and keep withdrawing money.

This reminds me of the time a Hacker group withdrew over 500Million from a few of the top banks over the course of "a long time" through taking out less than what the system would register (.001$ or such) from hundreds of thousands accounts, adding up to a fuckton of cash.