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May 10, 2013
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loretta lynch is the united states attorney in brooklyn. >> they are told to where stand. they are told where to start. they are told you will hit as many atms as possible. once they get those pins they become a criminal flash mob. >> reporter: the secret service alleges the eight men were part of a global operation that has found a new way to steel cold hard cash in staggering amounts. prosecutors charge that jose reyes belonged to the new york cell. they say reyes began his trek sweeping south down new york's broadway hitting atm after atm. when it was over reyes had stuffed $41,000 into his backpack. investigators say the new york team that reyes belonged to netted $2.4 million. cells in 26 countries struck that day for a worldwide take of $40 million. that breaks down to $127,000 a minute. a smaller heist two months earlier had grabbed $5 million for a total of $45 million. >> they use malware, they use spyware, they create programs. it can take them sometimes any were from two to 18 months to work out these very sophisticated programs. >> isn't this a stunning level o
loretta lynch is the united states attorney in brooklyn. >> they are told to where stand. they are told where to start. they are told you will hit as many atms as possible. once they get those pins they become a criminal flash mob. >> reporter: the secret service alleges the eight men were part of a global operation that has found a new way to steel cold hard cash in staggering amounts. prosecutors charge that jose reyes belonged to the new york cell. they say reyes began his trek...
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and we're joined now by the federal prosecutor in the loretta lynch is the u.s.orney for the eastern district of new york. thanks for joining us. when you call this a "21st century bank heist" beforee go through some of the details, explain what you mean by that. >> well, jeffrey, this was a situation where numerous banks were hit several times, in fact two banks in these two attacks. but using thousands and thousands of a.t.m.s. so the banks were literally robbed in broad daylight without anyone entering their specific branches. it was one of the largest attacks of this type that we've seen using this type of cyber attack. >> brown: it's a global operation but one thinyou have not said yet is who is behind it. what can you tell juice it is a global operation. the investigation is ongoing. we, obviously, are hoping to make inroads there so we're not going to be able to give a lot of detail about who we think is behind it at this point in time. what we do know, however, is that it was a very sophisticated operation, that it had to have financial backing, that it h
and we're joined now by the federal prosecutor in the loretta lynch is the u.s.orney for the eastern district of new york. thanks for joining us. when you call this a "21st century bank heist" beforee go through some of the details, explain what you mean by that. >> well, jeffrey, this was a situation where numerous banks were hit several times, in fact two banks in these two attacks. but using thousands and thousands of a.t.m.s. so the banks were literally robbed in broad...
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attorney loretta lynch calls it the largest known theft of its kind, moving literally at the speed ofhe internet, the organization made its way from the computer systems of international corporations, to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used pre-paid debit cards linked to accounts that had been hacked by cyber thieves, thousands of miles away. the thieves had raised wall limits. >> a card that might have had $200 on it literally has $20,000 on it, or $2 million on it. >> the prosecutor describes how it worked. hackers first targeted a credit card processor in the united arab emirates in december. then a second and larger attack in february in oman. pin numbers were stolen and then sent to teams, including one in new york. those teams would then head to atms with plastic cards, even hotel key cards with the stolen information. authorities say here in new york, eight men were able to withdraw $2.4 mi
attorney loretta lynch calls it the largest known theft of its kind, moving literally at the speed ofhe internet, the organization made its way from the computer systems of international corporations, to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used pre-paid debit cards linked to accounts that had been hacked...
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May 10, 2013
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loretta lynch is the united states attorney in brooklyn. >> they're told where to stand, they're toldrt, they're told you're going to hit as many atms as possible. once they get those p.i.n.s, they become a criminal flash mob. >> reporter: the secret service alleges the eight men were part of a global operation that's found a new way to steal cold hard cash in staggering amounts. prosecutors charge that jose reyes belonged to the new york cell. they say that reyes began his trek, sweeping south down new york's broadway hitting atm after atm. when it was over, reyes had stuffed $41,000 into his backpack. investigators say the new york team that reyes belonged to netted $2.4 million. cells in 26 countries struck that day for a worldwide take of $40 million. that breaks down to $127,000 a minute. a smaller heist two months earlier had grabbed $5 million for a total of $45 million. >> they use malware, they use spyware, they create programs. it can take them sometimes anywhere from 2 to 18 months to work out these very sophisticated programs. >> isn't this a stunning level of cyber sophis
loretta lynch is the united states attorney in brooklyn. >> they're told where to stand, they're toldrt, they're told you're going to hit as many atms as possible. once they get those p.i.n.s, they become a criminal flash mob. >> reporter: the secret service alleges the eight men were part of a global operation that's found a new way to steal cold hard cash in staggering amounts. prosecutors charge that jose reyes belonged to the new york cell. they say that reyes began his trek,...
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attorney in brooklyn loretta lynch.even members belonging to the new york cell of this global cyber crime operation have been arrested. we have learned how they carried out the cyber attack and unlike anything ever seen before. they call is the unlimited operation. its associates hundreds of them, spread all over the world and they targeted at least 26 countries. they struck twice, first in december, when they hacked into an indian bank then withdrew money from atms all over the world, totally $5 million. the second strike in february. the hack targeted a visa and master card processor in the u.s. the loss this time? total approximately $40 million. good morning, john. this is one of the most interesting stories, which leads to basic questions like how, who, and we begin with how? >> you know this is -- if you're a criminal this is a gorgeous scheme. if you are a bank this is your worst nightmare. and if you are a prosecutor like loretta lynch or the secret service agents involved in this case, it's a great caper in ter
attorney in brooklyn loretta lynch.even members belonging to the new york cell of this global cyber crime operation have been arrested. we have learned how they carried out the cyber attack and unlike anything ever seen before. they call is the unlimited operation. its associates hundreds of them, spread all over the world and they targeted at least 26 countries. they struck twice, first in december, when they hacked into an indian bank then withdrew money from atms all over the world, totally...
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attorney here, loretta lynch, focused on a sale of eight men in new york who are accused of being cashers, who actually were at the last part of this operation. but she said prepaid debit cards were really the target here and that hackers got into the systems of credit card processors overseas. and she is calling this the largest theft of its kind that is known. >> this was a 21st century bank heist that reached through the internet to span the globe, but instead of guns and masks, this cyber crime organization used laptops and malware, moving literally at the speed of the internet the organization made its way from the computer systems of international corporations to the streets of new york as well as major cities around the world. >> now, how u.s. attorney lynch described how it happened was that once pin numbers were obtained, they were sent to cashers. and she's saying that eight men here in new york once they got those pin numbers carried out two strikes, one in december and another in february. and she said in february that was the largest one within a ten-hour period they were abl
attorney here, loretta lynch, focused on a sale of eight men in new york who are accused of being cashers, who actually were at the last part of this operation. but she said prepaid debit cards were really the target here and that hackers got into the systems of credit card processors overseas. and she is calling this the largest theft of its kind that is known. >> this was a 21st century bank heist that reached through the internet to span the globe, but instead of guns and masks, this...
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May 12, 2013
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attorney loretta lynch calls it the largest known theft of its kind, moving literally at the speed ofzation made its way from the computer systems of international corporations to the streets of new york, as well as major cities around the worl world. lynch announces chanks against eight men in new york in a ring allegedly involving hundreds of people and two attacks using prepaid debit cards linked to accounts thousands of miles away. thieves had raised withdrawal limits. >> a card has literally $20,000 on it or $2 million on it. >> reporter: the prosecutor describes -- hackers first targeted a credit card processor in the unite ash emirates in december. then a second and larger attack in february in oman. pin numbers were stolen sent to teams including one in new york. those teams would then head to atms with plastic cards, even hotel key card with the stolen information. authorities say here in new york, eight men were able to withdraw 2.4 million dollars within a ten-hour period. some 3,000 atm withdrawals were made that day as part of the heist with these gift cards. prosecutors
attorney loretta lynch calls it the largest known theft of its kind, moving literally at the speed ofzation made its way from the computer systems of international corporations to the streets of new york, as well as major cities around the worl world. lynch announces chanks against eight men in new york in a ring allegedly involving hundreds of people and two attacks using prepaid debit cards linked to accounts thousands of miles away. thieves had raised withdrawal limits. >> a card has...
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May 10, 2013
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attorney loretta lynch says "moving as swiftly as data over the internet, the organization worked itscomputer systems of international corporations to the streets of new york city with the defendants fanning out across manhattan to steal millions of dollars from hundreds of atms." now, the scheme's known as unlimited operations for their potentially unlimited proceeds, involved hacking into credit card processor computer systems, stealing information from prepaid debit card accounts and removing the limits to their balances, allowing criminals to withdraw unlimited amounts from atms. they allegedly targeted prepaid mastercard debit cards issued by arab emirates bank, known as rock bank, and stole $5 million in about 20 countries. they then followed that up allegedly with another one on february 19th, hitting prepaid debit accounts at omans bank and with drawing $24 million from 40 countries in just ten hours, including $2.4 million from new york. authorities from more than a dozen countries are now working with the u.s. on this investigation, ainsley. >> then they took a picture of th
attorney loretta lynch says "moving as swiftly as data over the internet, the organization worked itscomputer systems of international corporations to the streets of new york city with the defendants fanning out across manhattan to steal millions of dollars from hundreds of atms." now, the scheme's known as unlimited operations for their potentially unlimited proceeds, involved hacking into credit card processor computer systems, stealing information from prepaid debit card accounts...
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attorney loretta lynch talked to us.nce hacker got into the banks, their accomplices were ready and waiting. >> they become a criminal flash mob and race from atm to atm, as fast as they can, getting as much money as they can literally putting in their gym bags duffle bags knapsacks until they are shut down or completed the circuit. >> prosecutors warn this could be just the beginning. the problem? american banks still use magnetic strips on credit cards and those are easy to hack. other countries use cards with more secure chips inside. >>> time to show you this morning's headlines from around the cloebglobe. >> the washington post is warning about threats from other hackers, water, electricity and other critical services in the country could be interrupted. >>> "wall street journal" says more tax money is going to the government and that is shrinking the federal deficit faster than expected. changing the budget debate in congress too. and means a delay in hitting the debt ceiling. >>> financial journalism lost one of i
attorney loretta lynch talked to us.nce hacker got into the banks, their accomplices were ready and waiting. >> they become a criminal flash mob and race from atm to atm, as fast as they can, getting as much money as they can literally putting in their gym bags duffle bags knapsacks until they are shut down or completed the circuit. >> prosecutors warn this could be just the beginning. the problem? american banks still use magnetic strips on credit cards and those are easy to hack....
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attorney loretta lynch calls it the largest known theft of its kind. >> moving literally at the speedthe organization made its way from the computer systems of international corporations, to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used pre-paid debit cards linked to accounts that had been hiked by cyber thieves thousands of miles away. the thieves had withdrawal limits. >> a card that might have had $200 on it literally has $20,000 on it. or $2 million on it. >> the prosecutor describes how it worked. hackers first targeted a credit card processor in the united arab emirates in december. a second and larger attack in february in oman. p.i.n. numbers were stolen and sent to teams, including one in new york. those teams would then head to atms with plastic cards, even hotel key cards with the stolen information. authorities say here in new york, eight men were able to withdraw $2.4 million within a ten-hour
attorney loretta lynch calls it the largest known theft of its kind. >> moving literally at the speedthe organization made its way from the computer systems of international corporations, to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used pre-paid debit cards linked to accounts that had been hiked by cyber...
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attorney loretta lynch calls it the largest known theft of its kind. >> moving literally at the speednet, the organization made its way from the computer systems of international corporations to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used prepaid debit cards linked to accounts that had been hacked by cyber thieves, thousands of miles away. the thieves had raised withdrawal limits. >> a card that might have had $200 on it literally has $20,000 on it. or $2 million on it. >> the prosecutor describes how it worked. hackers first targeted a credit card processor in the united arab emirates in december. then a second and larger attack in february in oman. it was sent to teens, including one in new york. those teams would then head to atms with plastic cards, even hotel key cards with stolen information. authorities say here in new york, eight men were able to withdraw $2.4 million within a ten-hour period. so
attorney loretta lynch calls it the largest known theft of its kind. >> moving literally at the speednet, the organization made its way from the computer systems of international corporations to the streets of new york, as well as major cities around the world. >> lynch announced charges against eight men in new york, accused of being part of a ring that involved potentially hundreds of people in two attacks. they used prepaid debit cards linked to accounts that had been hacked by...
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. >> that is loretta lynch announcing a massive 21st century bank heist, by massive we're talking $45just in new york. eight people indicted. seven of them in custody. all dominicans from the new york city area. basically what they hope to have done is hacked into mastercard and credit card processers in the middle east, that allowed them to go to atm ma seens across the area and around the world and make off with millions of dollars. all right authorities say they've seized cars, watches, hundreds of thousands of dollars. they say this was the new york area sell of a global cyber fraud operation known as operation unlimited. we're continuing to follow this news conference, carl, and we'll keep you posted. but one more sign that cyber criminals are finding they can get a lot done with a laptop computer than they can with a gun and a mask. >> some of the reports about this, scott, just to give people some cover, this kind of execution, really we have not seen before. >> no. and what's striking here is the global nature of it. the connectedness of it, the fact that you at least accordin
. >> that is loretta lynch announcing a massive 21st century bank heist, by massive we're talking $45just in new york. eight people indicted. seven of them in custody. all dominicans from the new york city area. basically what they hope to have done is hacked into mastercard and credit card processers in the middle east, that allowed them to go to atm ma seens across the area and around the world and make off with millions of dollars. all right authorities say they've seized cars,...