No bail for 3 Romanians in ATM hack

Mars W. Mosqueda Jr. reports:

The three Romanians arrested for alleged involvement in the skimming of automated teller machines (ATM) will not be allowed to post bail.

The Cebu City Prosecutor’s Office indicted Costel Ion, Ionut Alexandru Mitrache and Razvan Aurelian Stancu for violations of the Access Devices Regulation Act of 1998 (RA 8484) and Article 308 (theft) in relation to Article 309 of the Revised Penal Code, charges which are non-bailable.

The three were also charged with possession and use of counterfeit access and skimming devices. The prosecutor’s office recommended P64,000 bail for the three charges.

The three were arrested by agents of the National Bureau of Investigation (NBI) after officials of Land Bank of the Philippines sought the agency’s help after it was discovered that at least 2,000 ATM accounts have been compromised.

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