4 Taiwanese men arrested in Japan for ATM theft

Four Taiwanese citizens were recently arrested in Japan for allegedly using forged bank cards to withdraw about 1 billion Japanese yen (US$9.15 million) from automated teller machines (ATMs), according to Japanese media reports.

The four men were arrested between May and November, the Japanese police said. The suspects claimed that they learned of the fraud scheme while in Taiwan and were given the forged cards by the mastermind behind the crime ring after they arrived in Japan.

About 200 forged bank cards were seized from the suspects, the police said.

They said that the four men could have been linked to a ring based in another country.

An investigation has found that the four men used forged UnionPay cards to withdraw the cash from bank accounts opened in China, the police said.

Several Japanese banks have reported suspicious cash withdrawals from their ATMs so far this year, the police said.

The cash was stolen from bank accounts involving more than 20 Chinese banks, they added.

UnionPay is a Chinese financial services corporation headquartered in Shanghai, and provides bank card services and a major credit card scheme.

Source: Focus Taiwan News Channel