Card-Copying Ring On Gas Pumps Stole $2M

By: Associated Press News Email
By: Associated Press News Email

News Release: Associated Press News

NEW YORK (AP) -- Prosecutors say a theft ring planted devices on gas pumps to copy credit and bank card numbers and used the data to steal more than $2 million in a scheme that hopscotched from the Southeast to New York City to the West Coast.

Four suspects pleaded not guilty to money laundering and other charges Tuesday in Manhattan. Nine others were being arrested. A lawyer for accused ringleader Davit Kudugulyan declined to comment.

Manhattan District Attorney Cyrus R. Vance Jr. says the group somehow installed devices that captured card and PIN numbers inside pumps at gas stations in Georgia, South Carolina and Texas.

Prosecutors say the scammers then forged new cards, withdrew cash from Manhattan ATMS, deposited it in bank accounts, and withdrew it again from banks in California and Nevada.


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