Japan: 1.4 billion yen stolen from 1400 Japanese ATMs in two hours

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Tokyo: International crime syndicates are suspected of stealing more than 1.4 billion yen from 1400 ATMs at different convenience stores in just two hours across the country. It was not clear how the gang made off with the equivalent of millions of dollars as quickly as the cash machines usually limit withdrawals to 100,000 yen a day. 

Japanese police say that a total of 1.4 billion yen ($12.7 million) in cash has been stolen from some 1,400 automated teller machines in convenience stores across Japan in the space of two hours earlier this month and investigations are underway. The police believe that the ATM robbery was conducted by an international gang making use of the counterfeit credit cards containing account information leaked from a South African bank.

ATM transaction data suggests that information from 1,600 credit cards issued by a South African bank was used, the sources said.

Police are now checking images taken by security cameras in the stores to identify those who withdrew the money.