A Romanian national has admitted he defrauded Bank of America of about
$150,000 in a scheme that secretly recorded customer information as it was
entered into automatic teller machines.
Victor Vasile Constantin, 23, pleaded guilty in US District Court in
Connecticut to one count each of bank fraud and aggravated identity theft.
Constantin's involvement in the three-month scheme cost the bank about $150,000,
according to federal prosecutors.
According to prosecutors, Constantin attached skimming devices to Bank of
America ATMs that automatically captured the data stored on the magnetic strips
of customers' bank cards. He also installed pinhole-sized video cameras that
recorded the passwords entered during transactions.