Armed Robbers drove us to bank at night, forced us to withdraw cash with ATM cards –Robbery victim

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Julius Adegun had on Saturday, September 21, 2013, boarded a commercial bus from Abule-Egba, on the Lagos-Abeokuta Expresssway, around 10.30pm. He was heading to Iyana-Ipaja but had no idea he had boarded the bus with a three-man gang of robbers. The events that unfolded later were to confound him because it was one he had never heard of.

“I had heard of robbers waylaying people after they had used the ATM before. I had even heard of people being ambushed immediately they were about to use the ATM and forced to withdraw certain amount of money by robbers. But I never imagined I would be a victim of this kind of robbery,” he said.

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27-Year-Old Man Breaks Into ATM, Steals ₦6.8 Million

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The Police Command in the FCT have begun investigation into the alleged theft of ₦6.8 million from the ATM of a bank at Jabi District, Abuja, on Saturday.

DSP Altine Daniel, the command’s spokesperson, who disclosed this on Tuesday in an interview with the News Agency of Nigeria (NAN) in Abuja, said that a suspect had been arrested in connection with the theft.

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ATM Fraud: Fake Naira Notes Being Put Inside ATM Machines

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The House of Representatives has directed its Committee on Banking and Currency to investigate an alleged dispensing of fake naira notes by some Automated Teller Machines, ATMs, in some elements of the country.

Moving the motion under matters of urgent national importance, Hon. Yusuf Ayo Tajudeen, noted that in 2001 the Central Bank of Nigeria, CBN, introduced ATMs as a platform for transacting business by customers and used as payment modules in carrying out other businesses such as for instance money transfer, payment of utilities and similar transactions which had impacted positively on banking operations, service delivery and safety of customers fund.

33 Year old Man in court over alleged theft of ATM card, withdrawal of girlfriend’s money

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The police in Lagos on Friday docked a 33-year-old man, Victor Agyel, for allegedly stealing his girlfriend’s Automated Teller Machine (ATM) card and using it to withdraw her money. Agyel, who resides at Afprint compound, Isolo Expressway, Isolo, Lagos, appeared before an Oshodi Magistrates’ Court in Lagos, on a count charge of stealing.

The prosecutor, Cpl. Kehinde Olatunde, told the court that the accused committed the offence on Nov.24, 2012 at No 2, Taiwo Koya St., Ilupeju, Lagos.

ATM machine suddenly starts spitting out free cash

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If you are the type that likes free cash then you should have went over to that ATM machine that suddenly started giving everyone cash for free.  Police were eventually called to restore calm in eastern England after the ATM was constantly distributing twice as much money than customers were asking for.

A Lloyds TSB ATM machine in Ipswich began distributing "free money" to customers after the bank branch was closed for the night.   When news of the free cash spread, a crowd began gathering, causing arguments between those who sought to use the faulty machine.

29-yr-old guard jailed 2 months over ATM theft

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LAGOS — A 29-year-old security guard, Benjamin Nyiynogo, was yesterday, sentenced to two months imprisonment by an Ikeja Magistrate Court, for stealing N76,000 through an Automated Teller Machine, ATM.

According to the magistrate, Mrs Dan Oni, “you are hereby sentenced to a two-month imprisonment with hard labour and without an option of fine for pleading guilty to the charge against you.

“You are to pay the N76,000 to the complainant upon your return from prison.”

The Police  Prosecutor Edet Okoi had told the court that the defendant stole the money belonging to one Mr Jimoh Aliu, his supervisor at work.

Don't Make Use Of these Three ATM PIN Codes

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Yahoo! editors have selected this article as a favorite of 2012. It first appeared on Yahoo! Finance in September and was one of the most popular stories of the month. Readers joked about people who use the most common PIN codes, and shared how they came up with their own. "My pin number is my post office box number from my time in the Air Force 30 years ago on a base that no longer exists," wrote user Nick. "Feel free to hack that." If you lost your ATM card on the street, how easy would it be for someone to correctly guess your PIN and proceed to clean out your savings account? Quite easy, according to data scientist Nick Berry, founder of Data Genetics, a Seattle technology consultancy.