ATM cash trick and how this magician managed to escape.

From The Star Friday January 23, 2009
Man held over ATM cash trick

JOHOR BARU: A man with a history of drug offences thought he had discovered a simple and fool-proof way to double his money quickly.

His method involved cutting a RM50 note near its reflective strip and joining the two cut pieces to pieces of white paper, thus creating two tampered RM50 notes.

He then deposited the tampered notes into an account via a cash machine and later withdrew two genuine RM50 notes from an ATM machine.

His plan worked and to escape detection, the man travelled from Kuala Lumpur to Johor to deposit the tampered notes in banks in Permas Jaya.

Then he got greedy and deposited too many of the tampered notes, causing the cash machines to jam. Sources said bank employees later found dozens of the tampered notes when they checked the cash machines.

Johor police with the assistance of their Selangor counterparts arrested the 40-something man in Petaling Jaya several days ago.

Police are trying to ascertain whether he was involved in other counterfeit cases elsewhere.

The banks are also doing their own internal audit to ascertain why the cash machines were not able to detect the tampered notes.

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It is not unusual to have stupid people doing stupid crime.
What I find unusual is that, it actually took time for our cops to even figure out the criminal.

Let me put this to order.

-When he deposits cash on Cash Deposit Machine, he'll need an account.
-When he withdraws money from ATM, he'll need an account.
-Yes...this dude would need an account... And... for an account to exist... he'll need all his particulars like name, IC number, home address and contact number filled out.
-When he do his cash tricks, all the cash deposited would have logged onto the system. All the bank need to do is to trace the amount deposited into the system backward. Even if they don't, there are probably some intelligent way they could do to trace this guy.
-Don't they have CCTV to trace too???


Since the bank has his particulars, how in the world it took so long for the cops to catch him????
This guy even get a chance to repeat his crime.
What a bunch of incompetent bankers and cops.

How many cops does it take to catch a stupid criminal anyway????



I hope none of you withdrawn his junk papers with reflective strips.