Posted on 07/30/2009 5:08:10 AM PDT by decimon
Four financial whizzes forged a bond at NYU -- then joined forces to devise an incredibly simple ATM scheme that wound up bilking up to $1 million from scores of banks, authorities said yesterday.
The conniving quartet included a well-connected lawyer who interned with the Queens DA's Office, a Vietnamese refugee-turned-financial-broker, and a married bank-executive couple, officials said yesterday.
"This was a beaut of a scam," said Brooklyn DA Charles Hynes.
The scheme involved the four setting up bank accounts, then disguising themselves when they went to withdraw the money at ATMs and later claiming they were the victims of theft-by-ATM, officials said.
(Excerpt) Read more at nypost.com ...
Cheers!
There ya go. Just claim this was your TARP plan and your purpose was to stimulate the economy.
Remember the time when people graduated and actually DID things?
A couple of guys got caught doing that here, one was short and fat the other tall and thin.
They swapped cards, put on disguises and then raided each others bank accounts and drained them. The funny thing was they did it at the same time, and used each others banks to make the withdrawls.
Once the banks started talking about the similarities they were busted, that kind of stupidity is rampant around here.
This should be good for 10-20, that will put a crimp in their careers.
Time to buy stock in the manufacturers of those fake Groucho eyeglass/nose disguises, huh...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.