No one really knows how widespread this type of fraud really is, as the banks just wanna keep it on the down-low.
-- TORONTO -- A Vaughan man has been charged in the seizure of ATM tampering devices that police alleged were used to steal millions from bank machines across the GTA.*
At the time, Toronto Police said a "sophisticated" crime ring was responsible for installing cameras and card readers at ATMs to steal PIN numbers and copy magnetic strip data from debit and credit cards of bank machine users.
Peytcho Peev, 41, has been charged with conspiracy to commit an indictable offence, possession of credit card forgery devices, and several other related offences.