Printed ATMs; Law enforcement authorities in neighboring Bulgaria have arrested 31 people as part of Operation Imperium. Operation Imperium was made possible by an agreement between European Union countries that allows them to exchange information and coordinate efforts when it comes to financial and other crimes.
The arrested are accused of forming a gang that used 3D printing technology to produce ATM spare parts. The spare parts were, of course, made to rob people.
Police raids uncovered eight different facilities used for sophisticated skimming and counterfeiting.
Over 1,000 small cameras, card readers, magnetic tapes, smartphones, flash drives, personal computers and much more were seized. A large number of blank plastic cards were also discovered.
The scammers used the blank cards to encode them with stolen account information. So if you were one of the unlucky ones who had your bank account stolen, even if you hadn't issued a credit or debit card, the scammers were able to issue one themselves, at home.
In addition to Bulgaria, the fraudsters were also based in Spain. Meanwhile, the compromised ATMs were based in Spain, Italy, France, Germany and Turkey. The counterfeit cards from the compromised ATMs were then circulated in Peru, the Philippines, or other countries outside the European Union.
3D printers were used to make fake bezels (card slots). These bezels were placed on the front of the ATM where the card slot is. Any cards that passed through would give up their data to the fraudsters.
