A New York man today admitted participating in a scheme that used secret card-reading devices and pinhole cameras on various New Jersey bank locations to steal at least $428,581, U.S. Attorney Craig Carpenito announced.
Officials say Bogdan Rusu, 39, of Queens, New York, pleaded guilty before U.S. District Judge Esther Salas to an information charging him with one count of conspiracy to commit bank fraud.
According to documents filed in this case and statements made in court: Rusu and others sought to defraud financial institutions and their customers by illegally obtaining customer account information, including account numbers and personal identification numbers. Rusu admitted installing equipment on ATMs at banks in New Jersey. Eleven other defendants charged in this scheme have pleaded guilty.
The conspiracy to commit bank fraud charge carries a maximum potential penalty of 30 years in prison and a $1 million fine.
Sentencing is scheduled for July 1st.