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Teller May Have Been Texting Bank Robber Before Heist, Police Say

On September 1st, a man who had been hiding in the bathrooms of an Arlington, Texas branch of Texas Trust Credit Union suddenly emerged after closing time, forced bank employees into the cash vaults, and walked away with a handsome $183,000. About four hours later, police arrested a suspect, Tyce Von Franklin, after pulling him over and finding a handgun, piles of cash, and a surgical mask in his...

'Where's Waldo' Bank Robber Admits Guilt on Facebook

Police in Oregon think they've found a bank robbery suspect known as the 'Where's Waldo Bandit,' although the man they've targeted certainly wasn't as subtle as his namesake. Law enforcement officials are now on the lookout for 29-year-old Ryan Homsley, who is suspected of robbing and threatening to blow up a local bank on Tuesday afternoon. As the AP reports, police identified Homsley as a...

Bank-Robbing German Teen E-mails Cops, Gets Himself Arrested

A 19-year old bank robber in southern Germany was found out today when -- as is so often the case -- his pride got the best of him. After police and press had published reports of last week's robbery of a bank in the town of Roettingen, they received e-mails from an indignant thief, mocking the cops and reporters alike for inaccurately describing his height, age and accent. He also mentioned that...

Darth Vader Robs Long Island Bank, But Uses Gun, Not Force Choke

Robbing a bank might not be the most original crime in the world. Robbing a bank while dressed as the most ruthless villain in the universe, on the other hand, definitely takes a little extra thought. According to Newsday, such a feat is exactly what one "man" recently pulled off at a Chase bank in Long Island. After strolling into the bank at around 11:30 a.m., Anakin pulled out a handgun,...

FaceCash App Lets You Buy Goods With Your Phone and Face

If you blame your credit card for making it all too easy to unconsciously rack up piles of debt, just imagine the kinds of splurge purchases you'd make if you could pay with your face. FaceCash, the new mobile payment system from ThinkLink, is an app that allows users to store credit card and bank account information directly on their smartphones, enabling them to purchase groceries, clothes or...

Bank Employee Infects ATMs with Malware to Secretly Swipe Thousands

Robbing a bank may no longer be the cinematic feat it once was, but as one North Carolina banker has proven, it can now be way more insidious. 37-year-old Rodney Reed Caverly, from Charlotte, has been charged with one count of computer fraud after allegedly installing malware on several Bank of America ATMs over a seven-month period ending in October 2009. As Wired reports, the former Bank of...

Hackers Steal Half a Million Dollars Using Direct Deposit

We always say that the best defense against cyber-security threats is a little due diligence. If you watch out for warning signs, most major breaches are avoidable. That advice applies not only to individual PC users, but to businesses, as well, and to banks, most importantly. Unfortunately, just like regular users, many banks and businesses fail to carefully guard their systems. Hackers used...

Japan Installs Cell Phone Jammers Near ATMs to Prevent Fraud

If you're tired of being scammed at ATMs by kind, gentle-hearted con artists (and then forgetting it ever happened), you'll be stoked to know that Japan is looking out for you. Chiba Bank has installed phone signal jammers at four unnamed ATMs at bank branches in the Tokyo region, and while it has gone down as the first institution to go to such lengths, we highly doubt it'll be the last. It's...

Man's Offending Password Changed By Humorless Bank

Calling the British stuffy may be a bit of stereotyping, but the term certainly applies to a Lloyds TSB employee who changed a customer's password because it made fun of the bank. The customer had chosen "Lloyds is pants" -- translation: Lloyds is crap -- after a dispute with the bank, and found later that he couldn't access his account with it. Steve Jetley used that password for his telephone...

Line Extends Around the Block For ATM That Pays Double

If a bank's automatic teller machine was malfunctioning and spitting out extra cash, what would you do? Call the bank and let them know of the error, or just hurry up and get in line? According to the Daily Mail, dozens of Brits chose the latter, queuing up outside a local convenience store when it was discovered that the ATM machine on the curb was paying out twice what people had requested....

Wells Fargo Launching "Virtual" Safe Deposit Boxes Online

Wells Fargo bank is prepping to launch a new service called vSafe, which will essentially act as a "virtual" (i.e. non-physical) digital safe deposit box. Instead of storing heirlooms, cash, or jewelery, the "virtual" safe is designed to store digital records or copies of records, such as birth certificates or wills. Wells Fargo will be facing an uphill battle, though. The bank plans to charge...

Deposit Checks From Home -- Coming Soon

You soon may be able to deposit checks from home just by scanning them into your computer. An online banking service provider called CheckFree is introducing a technology that allows consumers to scan and transmit check images that is similar to what businesses have been using for some time. The system is called Remote Deposit Capture and all a consumer needs is a scanner, computer, and Internet...

Children's Toy Bank Uses ATM Cards and Touch Screen

If you were worried that your child wasn't being trained to be a good economic citizen, then check out this toy to make sure he or she grows up learning the value of plastic. The Children's Touch Screen ATM Bank comes with a card and a PIN for your tyke to manage an account of up to $999.99. The bank accepts bills of all kinds and coins. Some of you probably hope that this little gizmo will...