4 Bulgarians Convicted for ATM Fraud in Uganda

Crime | December 19, 2012, Wednesday // 09:17|  views

L-R) Ivan Ganchev Emilov, Milen Katsarski, Adrian Dimitrov and Anton Ivanov in the dock at Buganda Road Court Kampala. Photo by New Vision

Four Bulgarians accused of forging ATM cards have been convicted in Uganda.

However, the Buganda Road Court has further remanded the group that pends sentencing, saying it was to allow their lawyer to submit a mitigation request.

The court has found the four Bulgarians guilty of 33 cases of forgery but acquitted them of conspiracy to commit an offence and computer misuse, the Daily Monitor informs.

The convicts are believed to have forged 36 ATM cards and pin numbers in August with intent to defraud Stanbic Bank.

Anton Ivanov, Milen Katsarski, Adrian Dimitrov and Ivan Ganchev Emilov were arrested as they were withdrawing money from an automated teller machine (ATM) machine at Stanbic Bank in the capital suburb of Nateete.

The men were allegedly using a microchip and a phone battery to gain access to all the bank customers' accounts. Then they picked the accounts, holding huge sums, made ATM cards and withdrew the money. After changing them into dollars, the Bulgarians wired the money to bank accounts in their home country.

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Tags: ATM, skimming, Uganda, Bulgarians


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